The haircuts are positive - but had to happen because the company is now in a life support phase. The additional $1m in anticipated revenue (if earned) and the $750K management cost haircut won't be enough to stem the cash burn - without a lot of retrenchments (and what does that do to the 'pipeline'). This is just the logical flow-on from 'the letter' and changing of guard. And btw, 'pipeline' is just management-speak for 'a wishin and hopin'. And no mention of CEDIA. That tells a story in itself.
Ann: Company Update, page-44
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OAK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
6.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.673M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24381 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 75641 | 1 |
View Market Depth
| Last trade - 16.12pm 11/10/2024 (20 minute delay) ? |
| OAK (ASX) Chart |
Day chart unavailable