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0.6¢ visionflex group limited

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3,387 Posts.

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23/09/19

08:50

Post #: 40519727
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Originally posted by JayMarket: ↑

Just a quick comment on expenses, i think the combined staffing and admin expenses are about right, marketing may be up as they have been running seminars etc. i cant imagine that they are going to run their cash balance down to 600, it has not been their habit in the past. they seem to get nervous below a mil - dont we all . Dont forget a couple of these big projects are self funding - so that goes into both the sales and expense line?
So i am going a bit extreme and will say 1.8mil in sales

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$1.8m in sales for Q1-FY20 would be an amazing result. There would be an absolute stampede of investors pilling into the stock with that level of revenue growth (50% in a single quarter).

But, I don't think we will get that high. 25% quarterly growth would be a great outcome in my books and is more achievable.

The Annual Report should be out this week.

1ST Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.6¢		Change 0.000(0.00%)		Mkt cap ! $17.50M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.6¢	$480	80K

Buyers (Bids)

No.	Vol.	Price($)
2	1100000	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	1886320	3

View Market Depth

No.	Vol.	Price($)
2	1100000	0.005
7	4732844	0.004
10	10072918	0.003
2	950000	0.002
2	1200000	0.001

Price($)	Vol.	No.
0.006	1886320	3
0.007	1312861	3
0.008	843079	1
0.009	1015000	2
0.018	50000	1

Last trade - 10.09am 03/10/2024 (20 minute delay)

VFX (ASX) Chart