FFC 0.00% 3.5¢ farmaforce limited

I am well aware of the group of companies and the various other...

  1. 252 Posts.

    I am well aware of the group of companies and the various other listings. I agree that in some cases what you say is very true. Iq3 for instance just seems to raise capital for the other companies in the group and make money that way (sustainable? Unlikely). Having said that FFC is actually receiving revenue from external clients. As I said in a previous post their cash burn went from $1.1 m per quarter to $0.6 million per quarter as their revenue went up and start up costs went down. With that trend they could easily be cash flow positive in no time. So I don't agree at all that they will need to raise more capital. They are already performing far better than any other company in the group. But we will find out over the next few months as we get more info (no doubt via the quarterly cash flow as their other comms are somewhat lacking).
 
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Currently unlisted public company.

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