TEK 0.00% 14.0¢ thorney technologies ltd

Ann: Acquisition of BPL Limited , page-3

  1. 21 Posts.
    Hey bb,

    $800K in receipts so still not supplying the contracts yet, there'll be quite a jump when the target 3M l/month or so kicks in, can't see anything but cash positive then. If my understanding is correct the monthly just released is sales in Jan, I'd like to think Feb is a good time for orders to pick up. If you squint hard enough you can see the positive: burn is decreasing.

    Acquisition was mentioned a while ago in an announcement so I've been waiting to see the terms. Got till the end of the year to scratch together up to $2.8M for the BPL shareholders, hope it doesn't come to another cap raising.

    Despite everything still positive on this, US is all gung-ho on weening themsleves off imports so our Xerox machine government should soon be making the same noises. Federal adoption of NSW 2% mandate would be a good start.

    And a quick PS to management: if a shareholder calls 3 times it's polite to return at least one of them.
 
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