Small loss, increase sales, new contracts cash in hand a little slight but a new finance facility should get them through as long as projections keep heading in the right direction. Should see cash flow positive next quarter and by a significant amount if they secure that Canadian contract.
Markets getting hammered but there are stocks still growing earnings that should shine and I think this will be one of them.
I'd like to see the break down in earnings and expenditure but I think they are planning an investment letter which should provide that.
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-3
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