Call my pessimist or whatever you want but I was expecting more considering $1 million between the Rebate and Southern Cross contract?? Take away the rebate and just keeping head above water for the quarter so still in a perilous cash position..???
Positive being they have reduced the debt and should have that paid out well before due date in December. Staff costs still seem way too high???
Could've been a lot worse but still need a lot more to move the dial here. Not sure there will be much change to SP with plenty of sellers on and off screen, need to string multiple CF+ qtrs together to alleviate the CR threat before we see any sentiment change.
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- Ann: Quarterly Activities Report - 31 Dec 2023
Ann: Quarterly Activities Report - 31 Dec 2023, page-4
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