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Ann: Appendix 4C - September 2015 Quarterly Report, page-3

  1. 193 Posts.
    Without being overly optimistic, the report is decent. Obviously frustrating as they've released it Friday after hours (again). But pleased with reference to the importance of 'my caravan', which will bring in some revenue over the Christmas/summer period. Our March quarter will be very good I feel. This is my opinion as we are spending a lot on advertising but this is translating into a lot more sales and interest. Excellent and sound business model as this quarter they increased sales by 31% (which is pretty decent), without increasing cost of sales. So we will have a two business models over the summer, with mycaravan and DMC (I feel). Rentoid is being neglected, not sure why. Healthy bank balance, but expecting more capital raising in the future due to the ongoing cash burn.
 
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