VTI visioneering technologies inc.

actually not too bad.Refer back to my post in...

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    actually not too bad.
    Refer back to my post in May
    https://hotcopper.com.au/posts/61529901/single

    They need to get under 1.4m burn per qtr...currently they arent on track
    https://hotcopper.com.au/data/attachments/4515/4515786-89529f81f65c3942d24849ee849e8b6d.jpg


    However this is a good quote from todays announcement:
    https://hotcopper.com.au/data/attachments/4515/4515775-ce18a18e78456ec2038bd30935ca1de4.jpg
    IF ...and thats a big IF, they can achieve this then they are on track to meet guidance.
    They are following through on their plan. inventory starting to run down, staff costs down, revenue up.
    Havent gone through this in detail yet but its okay IF next qtr opex burn is sub 1m USD

    im sitting on the sidelines for now
 
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