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Ann: Appendix 4C - quarterly, page-3

  1. P1geon
    99 Posts.
    lightbulb Created with Sketch. 89
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    13/04/17
    10:40
    Post #: 24051423
    $3.7 million cash, bleeding $1 million per quarter (pre govt handout).
    I will say four quarters?

    Pretty big ask to almost triple their existing revenue to simply break even.

    Doesn't look sustainable without another big raise.
    1ST Price at posting: 4.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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