Ann: Quarterly Report - June 2018, page-2

Pretty quite on here but the quarterly report was short and succinct. We are hoping to be cash flow neutral next quarter. 'Normalised outflows' forecast to be $990k ($1.32M x 0.75, stated 25% forecast decline) next quarter, and expected income from the energy management platform to be $660k, presumable a similar amount of $480k from the mobility platform, shows us being cash flow positive $150k, which would be a fantastic result for us so early in to our roll-out.
An upgrade of our energy platform to 'Virtual Analytics' will increase out growth potential, which is already very strong.
I was initially disappointed with the news of the capital raising, but to be done at $0.15/share, essentially the same as the current share price at the time, is a great result by management and shows a lot of support/confidence by the placement managers. I cant think of a time where a small cap company has performed a placement with such little discount to current share price.
Long term hold for me, will add if this dips below $0.15, however imagine support will be strong around these levels.
All IMO only