Just a quick note
cash at end of financial year = $2.976m
cash raised from seven network = $26.282m
net = $29.258 (ie end of year plus seven network)
Recent Announcement current cash at 20 Nov 2006 = $25m
this means in the 4 months 20 days LOSS = $4.258m
covert this to 6 months = $5.4m LOSS for this 6 months
really pretty much the same as previously
MORE SUBSCRIBERS DOES NOT MEAN MORE PROFIT
think carefully about this one
ij
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