So, over halfway through Q1 FY22. Silence is deafening as usual. I thought it would be worth looking at Q1 FY21 to see what the Customer Receipts were. The answer is $5,808,000.
Apparently NET reporting will be 'seasonally affected'. At least that is the explanation they are using for the last 2 quarters being less than the corresponding prior periods. I would love to know the Customer Receipts so far this quarter. They would need to be over $3,000,000 to be on course to exceed same time last year.
Given the silence, I have no confidence at all that when we finally do hear from them again, with a compulsory 4C at end of October no doubt, that the numbers will be greater than same time last year. If they are not, and we have 3 quarters in a row where receipts are less than the corresponding previous quarter, then I suggest the downward trend will continue to a slow death.
Is anyone hearing anything?
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