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.
BUD Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held
