TTT 4.00% 12.0¢ titomic limited

Can't say I share your enthusiasm Truss. In October the last...

  1. 101 Posts.
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    Can't say I share your enthusiasm Truss. In October the last quarter forecast for product manufacture was $1.2m. They ended up spending just over $400k on product for a $16k return. Next quarter estimate for product has come down to just over $1m. Hard to know what to believe. Really need management to explain what is going on and their path to revenue.

    in an interview in October https://www.boardroom.media/broadcast-single/5da40d0610628a2f26dd10ab JL mentions the strategy for short term to try and realise some early revenue while the longer term space and manufacturing kicks in. Seems the short term strategy isn't working but doesn't mean all is lost on the mid to long term. As it seems the production costs must be being used to support this.

    Holding, but expect some near term pain and will be closely monitoring the management strategy.

    DYOR on this one.
 
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