SMN 2.02% 48.5¢ structural monitoring systems plc

Ann: Appendix 4C & Company Update, page-22

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
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  1. 83 Posts.
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    Hi everyone,

    The announcement seems pretty good. I just had a question for someone....apologies in advance if its been answered; i was just wondering what people thought of their current cash position? The way i read it (please correct me if I'm wrong), is that our current cash position at end of quarter is $3,251,000 while our estimated cash outflows next quarter are $3,466,000 , which appears to be increasing slightly due to the rise in product manufacturing costs (understandable due to the plant expansion). Is it likely we will need to raise some capital before our B757 installs start later in the year?
    Cheers.
 
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