Btw, on "cash neutrality" (which I take to mean cash in = cash out)..
Going back to my very rough calcs for where I think the business might be at the moment, I would be expecting recurring revenue from June of approx $4m per month.. And I have May at around $3.5m..
Now since cash lags revenue (& outgoings) - ie. May revenue = June cash (as a very rough guide), then on a run rate basis (if we are cash neutral in June), then June outgoings should approx match May cash receipts.. And on a revenue (orders) basis we may have actually made a small profit in June (revenue booked vs cash out)..
But of course this is all very simplistic & we don't know on what basis the company has come up with this idea of cash neutrality, or what the lag is between revenue booked & cash received (or bulk chemicals bought & paid for)..
So take this all with a grain of salt please
- Forums
- ASX - By Stock
- AJX
- Why do we do this to ourselves?
Why do we do this to ourselves?, page-17
-
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AJX (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.74M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 334317 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 334317 | 0.011 |
4 | 4132035 | 0.010 |
3 | 511210 | 0.009 |
2 | 182600 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 1758914 | 3 |
0.014 | 363311 | 2 |
0.015 | 36316 | 2 |
0.017 | 106500 | 2 |
0.018 | 115942 | 2 |
Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
Featured News
AJX (ASX) Chart |
Day chart unavailable