TTT 5.71% 16.5¢ titomic limited

Ann: Annual Report FY23, page-10

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  1. 528 Posts.
    lightbulb Created with Sketch. 61
    Yeah it really sounded like they pinned alot of hopes on Neos
    which is a shame, this business has cut down to the bone but might need to cut even further to somehow survive.

    putting it this way their expense was 20 mil before the cuts and herbert reckons he has 30% cost saving so expense is likely 14 mil or less.

    current booked revenue for the year is 5.5 mil, so they need another 10 but in reality revenue costs money especially in manufacturing so they might need 20 mil +.
    The real life saver here is repkon, they have the floatie ring on a rope they just need to toss it in the water before ttt drowns
    Last edited by 3DPrints: 10/10/23
 
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