If we assume that turnover has increase by 108% then:
if last quarter receipts were $566k and we times that by 108% - this is $611k - or another way of looking at it is $566k + 8% which is 45 - total still the same $611k ....
this is over 76 days out of the 90 for the quarter.
so adjusted realistically 8% / 76 x 90 = 9.47% for the whole quarter
but....
after re-reading the announcement -the 108% is in reference to the realised days - which does not neccessarily translate to 8% increase in turnover
Chris has been very cagy with turnover predictions - simply saying 'Gross Revenue for the March 2017 Quarter, as of 17 March, exceeds that achieved in the full December 2016 Quarter'.
this could mean anything between 1% and 100%
but the way Chris has phrased it; to me would imply that its on the low side rather than the high side - otherwise why not give us an actual % like the rest of the report? if it were good news he wouldn't be so vague.
just my thought - would love to be wrong.... but i wouldnt want any investors caught up with the idea that we will be CF+ this quarter because i still think we are a way off.
- Forums
- ASX - By Stock
- CL8
- Ann: DriveMyCar expands fleet over 20% with 101 Subaru Imprezas
Ann: DriveMyCar expands fleet over 20% with 101 Subaru Imprezas, page-156
-
-
- There are more pages in this discussion • 3 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 CL8 (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.488M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 262000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.013 |
2 | 884000 | 0.012 |
2 | 922816 | 0.011 |
6 | 950000 | 0.010 |
1 | 200000 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 262000 | 1 |
0.016 | 200000 | 1 |
0.017 | 101771 | 1 |
0.018 | 850000 | 3 |
0.019 | 503399 | 1 |
Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
Featured News
CL8 (ASX) Chart |
Day chart unavailable