Share
34,916 Posts.
lightbulb Created with Sketch. 480
clock Created with Sketch. 25/07/17
16:26
Share
Originally posted by susieq
↑
Hey as much as I would like that to be the case Elzephyrus I cant see it being that high maybe revenue for the quarter but not cash receipts. I didnt go to the Sydney meeting but some of the posters who did are basing their assumptions lower based on what was said at meeting eg taking out the dead wood getting rid of unproductive clients etc so based on that I guess we wont see $11 mill in cash receipts based on fact sales have increased a hell of a lot in last couple of months of quarter but probably havent got the cash yet from that(depending on payment terms). . I would be happy with between 7 and 8 million.
Expand
I also think the cash wont be as high as the market is saying it wont by lack of buying interest. Yes I know how can anyone know etc beforehand but it is uncanny how often buying before a 4c can be correlated to what is in a 4c for a lot of companies on the ASX IMO.
(20min delay)