I'm a long time holder. But seriously these guys need to reign in their expenditure. Compared to 30th June 2021, they've increased their Borrowings by $1million and spent $10 million of their cash reserves. In the meantime, year on year revenue growth is negligible and losses have ballooned out to a loss of $7m.
This feels like a recipe for disaster. Will they ever attain meaningful revenues to get to cashflow breakeven? I can't see it happening.
Ann: Investor presentation - H1 FY22 results, page-35
Add QFE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7.7¢ |
Change
-0.002(2.53%) |
Mkt cap ! $24.45M | |||
| Open | High | Low | Value | Volume |
| 7.8¢ | 7.8¢ | 7.7¢ | $1.666K | 21.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 117442 | 7.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 60000 | 2 |
View Market Depth
| Last trade - 14.17pm 24/05/2024 (20 minute delay) ? |
|
|||||
|
Last
7.7¢ |
Change
-0.002 ( 1.28 %) |
||||
| Open | High | Low | Volume | ||
| 7.7¢ | 7.7¢ | 7.7¢ | 2313 | ||
| Last updated 14.17pm 24/05/2024 ? | |||||
| QFE (ASX) Chart |