DUB
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0.00% 3.9¢ dubber corporation limited

$2,400,000 per year, page-24

  1. Tcb007
    20,153 Posts.
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    10/03/16
    08:22
    Post #: 17234054
    No, a CR will not be required. As I have stated many times, I believe their cash position by end of March qtr will be:
    $4,239m as at 31/12/15
    +$1.32m r&d refund received in January
    -$1.4m cash burn for the qtr
    +$750k - Big4 bank revenue (just a guess could be more or less)
    + $200,000 receipts from customers - up from $130,000 from previous qtr (this is just a guess - could be more or less)

    Cash on hand as at 31/03/15 = $5,109,000
    Last edited by Tcb007: 10/03/16
    DUB Price at posting: 67.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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