Didn't they say they revenue would cover operating costs by q1 next year???
They have no chance! IMO
Won't take much to become cash flow positive. Cash loss for June quarter was just over $500K. Expenses were around $680K. Forecast outflow for September quarter was $700K . 2-3% royalty on $50 wholesale price. $1 to $1.50 per unit. Require 500K-750K of product to sell to get there. I wouldn't say it's inconceivable.
- Forums
- ASX - By Stock
- WFL
- agm
agm, page-30
-
- There are more pages in this discussion • 117 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WFL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.478M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
WFL (ASX) Chart |
Day chart unavailable
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online