Ann: ICQ grows quarterly cash collections 45% year-on-year-ICQ.AX, page-5

  1. 5,426 Posts.
    lightbulb Created with Sketch. 298
    so
    Cash burn is back up to 3mil from <2mil.
    13 mil left in the bank.
    If we look at cash burn over the last 6 quarters
    June 16 3.01mil
    Mar 16 1.98mil
    Dec 15 2.76mil
    Sep 15 2.93mil
    june 15 3.23mil
    Mar 15 3.7mil
    Its trending down but too slowly IMO.

    ICQ has cash for another 4-5 quarters at this rate. Do people still believe they will reach profitablity in 2017 with cash in the bank?
    Also who got wind of this result at the end of June? I know insider trading is a fact of life on the asx but it still doesn't instill confidence when you see a barn door case.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.