1PG 0.00% 16.5¢ 1-page limited

A Slow Retrace!, page-125

  1. 5,884 Posts.
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    IR are simply regurgitating the PR spin that management are feeding them. Don't get caught up in it.

    The market may have a "serious misunderstanding in how the business model works", however, it understands that the model isn't working For example, if you read their reports from the last year +, they mention numerous times about demand for their product, yet cash receipts have been consistently abysmal.

    From my calculations, Q1 revenue is around $143k and Q2 revenue around $270k based on HY revenue surpassing FY15 revenue ($412) and Q2 revenue 89% up on Q1 revenue. So cash receipts in Q3 may be $150k if we're really lucky. Share price won't budge much from current levels if they spit out a number in that range.
 
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