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Ann: Appendix 4C - quarterly, page-23

  1. Keffola
    1,558 Posts.
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    30/07/19
    10:28
    Post #: 39754541
    If we were to use a 40% margin on the expected product manufacturing costs for next quarter.

    $1.745m/0.6 = $2.9m expected receipts.

    $2.9m - $3.26m = $300k cash burn, pretty close to cash flow neutral for Q3.

    Note this is all rough estimates only.
    AJX Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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