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Ann: Quarterly Report and Appendix 4C, page-6

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  1. stockpicker0907
    111 Posts.
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    17/01/20
    15:27
    Post #: 42438022
    this is an expected result....150k aus this quarter in receipts. the last US navy contract was 150k US, which means Q1 2020 still has a small amount owing...money in the bank plus loan drawable of 200k equals break even Q1 2020....500k due q2 mean break even q2.... I don't understand the sell down.... some people very happy to buy at .3 and .4... I'm sure there will be a CR soon, hopefully not til after a contract.

    big picture 35% reduction in spend, best quarter since change of direction. next quarter to be better... if directors sold down concerning... if not this is a buy
    UUV Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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