RE:RE:RE:Nice calm earnings for once ...BioTech says..."Financials was the last hurdle till december now because we have cash till then plus now we have revenue as well..."
While I personally think PLI is starting to meet its stated objectives, we are still in near crisis mode. HighTea's assessment is not wrong. Cash until December is only 4 months. Revenue has improved but is not enough to offset much. Was there any profit in that? There was an $14 million one time boost in sales of plasma. . It was still an improvement but still not a significant number as far as the balance sheet is concerned. I felt positive about it because it seemed to show they are getting some long promised momentum or that front.