Cashflow positive is a “necessity” , otherwise it will go into receivership. Management is under extreme stress to bring in cash even if it means to drop margin substantially to get cash. Those cash obligations will go under deferred revenue and owing to suppliers will sit at payables. Just look at the recent “interim” annual report they put out, some window dressing on the reversal of IP but the liabilities are as ugly as they can be. If they don’t grow top line fast enough then they have to reduce the salaries and wages which is 20-30% of the market cap of the company.
- Forums
- ASX - By Stock
- FRX
- Ann: Flexiroam confirms growth and cash flow positive trajectory
Ann: Flexiroam confirms growth and cash flow positive trajectory, page-15
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FRX (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.35M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 190171 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.019 |
1 | 166811 | 0.016 |
1 | 130000 | 0.015 |
1 | 485350 | 0.014 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 190171 | 1 |
0.022 | 288312 | 1 |
0.023 | 268044 | 1 |
0.024 | 43822 | 1 |
0.025 | 250000 | 1 |
Last trade - 10.02am 30/07/2024 (20 minute delay) ? |
Featured News
FRX (ASX) Chart |
Day chart unavailable
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online