there is absolutely nothing in this report which allows the basis of a statement to say there believe they will be cashflow positive by the end of this financial year.
given previous history, I believe that is now a dangerous statement and I would expect the ASX to be all over them again. Continuous disclosure rules should have meant a statement was made in mid to late December based on what I am reading (given that as recently as at the AGM they were again re-iterating more Ohms in more sites that in all quarters ever before)
Don't get me wrong, I like the product and the opportunity is large. Just not boxing clever. Time they stopped counting their chickens before their eggs are hatched.
- Forums
- ASX - By Stock
- BUD
- Ann: Appendix 4C - Quarterly Report with commentary
Ann: Appendix 4C - Quarterly Report with commentary, page-8
-
- There are more pages in this discussion • 146 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BUD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online