My base estimate for qtly cash receipts in US is 2.6M, which is a 45% increase on the prior quarter. This is on the low side of what others are saying maybe because I am assuming much of the October figure shown in the AGM was for the Walmart rollout which is more of a one off spike.
I have not factored in any Christmas seasonality effect though, so hopefully we can add another 35% or so to get an 80% increase on the prior quarter cash receipts.
Anything over 100% increase in cash receipts I think is overly optimistic. I would love to be pleasantly surprised though.
I am very very disappointed that the share price is so low. I really hope we get some good news in the coming quarterly.
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