4C suggests they run out of money tomorrow. At end of Quater there was $442k in bank with a cash burn rate of $13.04k, this would equate to 33.8 days of operating funds. 31 days in July that would suggest they are out of cash by COB 3rd Aug.. tomorrow.
- Forums
- ASX - By Stock
- TV2
- Ann: Quarterly Cashflow Report - June 2018
Ann: Quarterly Cashflow Report - June 2018, page-53
-
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)