Ann: Appendix 4C - quarterly, page-4

First 4 Last

Share
Profile

Follow
Klue

7,182 Posts.

446

28/07/18

14:22

Post #: 34606888
Share

Originally posted by Teddyward ↑

So they have 600k in bank
They owe 600K on loan due in 31 oct 2018.

They budget for quarter they will
earn 4 mill
spend 3 mill

So by end of sept quarter they will have 1.6 mill in cash assuming they sell enough units and will have loan to repay in 30 days.

Ens of October on same budget metrics they have 1,5 mill cash

Talk about sailing close to the wind with large fixed outgoings, new chinese duplicate production facility and possible teething problems , lots of newish staff.

What is pumpable about this story unless they are sitting on orders and not telling the market and are then able to manufacture units unless they have inventory already.

This is hand to mouth unless they can cut costs or get sales at decent margin. Without more $ they will be back begging for more $ or simply go bust?

3 billion shares on issue. Options probably won't get spread so will be unlisted?

Great product been decimated for years by poor management and sales. Now chasing retail industrial markets in multiple countries with no incountry knowledge.

Biggest thing I see is that many commercial operators will want front and rear so may wait . 2nd issue is Dura are not waterproof just dustproof ??

Last one is margin? Better find out margin they have now and budgeted going forward as they have a massive fixed costbase and it isn't a high volume product and little trailing income from spare parts for a while on new product line.

Expand

Agree on all of that, raise is barely enough to be worth the effort and even then no guarantee it will be successful.

Pumps rarely allow facts to get in the way though.

Gut feel reckons there is a trade in this but nowhere near a long term hold.

ABV Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Close: Local bourse dips red as CBA profit takers swoop

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

CCO

The Calmer Co FY25 revenue hits $8 million, up 86% on FY24

GLF

Gemlife used the ASX's new IPO fast-track. Is this the start of a new cycle?

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 8.0¢		Change -0.001(1.23%)		Mkt cap ! $31.82M

Open	High	Low	Value	Volume
8.1¢	8.1¢	8.0¢	$17.62K	220.0K

Buyers (Bids)

No.	Vol.	Price($)
1	55128	8.0¢

Sellers (Offers)

Price($)	Vol.	No.
8.1¢	101446	1

View Market Depth

No.	Vol.	Price($)
1	55128	0.080
3	173398	0.079
1	12830	0.078
1	23131	0.075
1	6781	0.073

Price($)	Vol.	No.
0.081	101446	1
0.085	20000	1
0.086	300000	2
0.088	7580	1
0.089	968103	1

Last trade - 16.10pm 03/07/2025 (20 minute delay)

ABV (ASX) Chart

Ann: Appendix 4C - quarterly, page-4

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Close: Local bourse dips red as CBA profit takers swoop

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

The Calmer Co FY25 revenue hits $8 million, up 86% on FY24

Gemlife used the ASX's new IPO fast-track. Is this the start of a new cycle?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Appendix 4C - quarterly, page-4

Top Stories

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Close: Local bourse dips red as CBA profit takers swoop

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

The Calmer Co FY25 revenue hits $8 million, up 86% on FY24

Gemlife used the ASX's new IPO fast-track. Is this the start of a new cycle?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News