Whats the big obsession with being cashflow positive?
Some shoeshiners are cashflow positive. Some multibillion dollar companies are cashflow negative. What matters is what how much TZ are spending and what they are spending it on.
Yes its nice to get to being cashflow positive, but only if its on the back of big spending to earn even bigger revenue further down the track. Only then will the earnings actually mean something.
I suspect that this is all part of a solid business plan, which is a sign of a board chasing the big game with big weapons, as opposed to the previous board which didn't attack due to lack of ability.
Rome wasn't built in a day, let alone 6months which is what the board has had so far.
As for the share price, shareholders will be voting on QVT taking shares at $1. Why would QVT want to pay $1 when they are fully aware about the being cf+ in 18months?
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