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09/07/17
21:39
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Originally posted by chakay
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Well just over a week or two we should get a good picture of how much cash has been generated yet again a stella qtr.
I am personally expecting $3M - $3.5 from operations with another $1.2 from option conversions.
Cash should be close to $9-$10M on Hand at June.
More Importantly would like a clearer picture on how they plan to spend these surplusess and where they expect to concentrate their efforts.
No point having $20M in the bank at the end of 2017, a overseas acquisition would be nice to start really ramping up the global expansion.
So if you are reading BIG management a little more detail would be appreciated and have the share price be reflective of what future this business really has and can achieve which IMO is still undervalued.
Cheers
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I think they'll go close to $4m OCF.