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I'm sure cash receipts will increase but I'm not sure they will...

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elzephyrus

5,501 Posts.

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29/01/20

10:52

Post #: 42617647
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Originally posted by haggis: ↑

On the bright side, it is the first time we have seen the revenue above the cash burn on the graph,although they only received a bit under half a million in cash, you would hope as is stated when the cash outstanding catches up then the next Q should see a marked improvement in the finances, as someone said earlier we still seem to have pulse. I would still expect the doom and gloom non holding brigade to paint as dire a picture as usual though, cheers.

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I'm sure cash receipts will increase but I'm not sure they will go to anywhere near what they call "gross revenue".. I lost a lot of money in this previously but am watching with interest.. Cash out could still be a problem this coming quarter.. I don't believe they have enough cash to get through (based on past experience)..

SYT Price at posting: 0.1¢ Sentiment: None Disclosure: Not Held
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