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M7T

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54.0¢ mach7 technologies limited

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Amaro_219

253 Posts.

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01/08/16

12:09

Post #: 18415669
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Originally posted by Cbyrne11 ↑

Agree with the lack of news, I've found that frustrating as well, but I was happy to see that they think 2.3 million a quarter is under performing. Was around the revenue figure that I expected, I would be interested to know, how much was spent as a one off expense as a result of the two companies merging or were all those costs dealt with in the previous quarter. If there was a significant spend as a results of the merger then we might find that we are even closer to break even than we thought.

I was also expecting there to be some debt brought in from Mach 7, I remember the terms of the merger included clearing the debt but I thought they forwent that as they didn't get the CR filled, but from what I see here I don't think there is debt anymore.

There is positive and negatives on this one to be honest, but one thing I can take from this forum though is most people aren't happy with the wording and some of the business update (options ect.) but not a lot of people are complaining about the numbers which is the only thing I'm really interested in.

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M7T Price at posting: 3.4¢ Sentiment: Hold Disclosure: Held
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Last 54.0¢		Change -0.010(1.82%)		Mkt cap ! $130.2M

Open	High	Low	Value	Volume
53.5¢	55.0¢	53.5¢	$9.847K	18.22K

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4	15881	53.5¢

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No.	Vol.	Price($)
4	15881	0.535
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