Hard to know what to make of this quarterly. Surge in other working capital and staff costs have resulted in slightly negative cashflow. On the flip side PSZ is staring at $80m+ annualised revenues, and this quarterly would only reflect 1 month of purehacking.
Without an explanation its impossible to know what is going on here.
Is all this increase in revenue reflecting an increase in earnings? I hope so. Good thing is PSZ is priced for complete failure at the moment.
People's thoughts?
Ann: Appendix 4C - quarterly, page-2
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