Ann: CardieX September Quarter Appendix 4C, page-2

  1. 1,688 Posts.
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    Not the greatest 4C from CDX - with cash receipts down on the prior quarter (down to $1,174k), and total outgoings up on previous quarters.

    Which resulted in nett operational outgoings of $1,177k.

    However, they explained the increased outgoings pretty well in the activities summary - and they remain well funded going forward (with over $4.0m in available funds).

    This company still seems extremely cheap when you consider the size of the markets they are about to move into - and the size of the companies they have done deals with & are talking to.

    Have a great weekend everyone
 
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