Fortunately the ASX has financial reporting requirements and the next quarterly is due in three weeks. This previous quarterly showed no revenue (as usual) and an expected net outflow for the quarter of $675K. Thus the expected current cash balance is around $1.3 Million? However it is noted that this did not include the $50,000 monthly giveaways announced to encourage signing up to the replacement free platform to the writer off investment in Challenge Me. So maybe the cash will be down to $1.1 million and sit about $900K at the end of April? Appreciate all the "monetarisation" statements and it will be interesting to see the predicted revenue that is to be made in the shortly to be released quarterly.
ESH Price at posting:
1.6¢ Sentiment: Sell Disclosure: Not Held
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