Pacific Edge looks to burn more than $15m this year; won’t need more capital
Pacific Edge expects sales from one or more very large customers will kick in before it runs out of cash. With special feature audio.
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Pacific Edge [NZX: PEB] expects to burn through a similar level of cash this year as the $15.4 million it lost in the year ended March but it doesn’t expect to have to raise more capital before it breaks even.
The company, which makes non-invasive tests for diagnosing and monitoring bladder
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Jenny Ruth
Mon, 30 May 2016
Mon, 30 May 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Pacific Edge looks to burn more than $15m this year; won’t need more capital
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