AUD/USD for the last 3 years is averaging ~71c so optically it looks quite neat, in reality it's still a long way away.
And the reality is what the company generating now is more critical than the pattern from the past.....and FY23 receipts were ~9.4m and revenues might even come in lower than that so the question is where has that USD10m increase in ACV between June21->June22 gone (in terms revenues and cash receipts)
Too many unanswered questions including the contract they mentioned last friday......time for mgmt. to be upfront and answer those questions
3DP Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held
