The very interesting part about that statement is that in the last quarter the Aussie dollar has dropped even further so our income in Aussie dollar terms has probably increased by another 15% to 20% for the quarter.
Remember all our sales have been negotiated in US$ terms so if this drop in the A$ continues we are even more financial and obviously cash flow positive.
I'm looking forward to the June quarterly which isn't too far away.
Automotive Contracts, page-8
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Last
39.5¢ |
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Mkt cap ! $28.33M | |||
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| QHL (ASX) Chart |