Hi finch2
VMT were previously expecting to have Positive cashflow in 'Mar qtr 2014', after reading the comments below that may now be in doubt.
'The Company expects the receipts from customers to be lower in March 2014 quarter due to seasonal slowdown as most of China closes for business for the Chinese New Year holidays from the end of January to mid of February 2014. Traditionally sales start picking up in March for the spring and summer months.'
With $4.4m in cash they have no immediate need for a CR.
Ann: Appendix 4C - quarterly , page-3
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Mkt cap ! $48.09M | |||
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