VOR 0.00% 39.5¢ vortiv limited

Good post Jonkey1995. You wrote; While we see good potential for...

  1. 10,945 Posts.
    lightbulb Created with Sketch. 1262
    Good post Jonkey1995.

    You wrote;

    While we see good potential for growth, we see no financial conversation on how, when and how much. This is because we just do not know (I know we got some proforma EBITDA figures, but cash flow interests me more).

    I realise this is a borrowed line from a two year old company Annual Report, but if you have a read of page 12, the 3rd dot point at the top of the page highlights....

    "the Group has only recently achieved cashflow positive levels of sales from business operations".

    http://www.asx.com.au/asxpdf/20140729/pdf/42r3364rknjtw8.pdf

    Note, the company was cash flow positive with just three major Banks and a few Institutions/Utility Companies at the time.

    Tony
 
watchlist Created with Sketch. Add VOR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.