Australia's largest stock trading and investment forum Australia's #1 stock forum

MSL msl solutions limited.

0.00%

29.5¢

Any thoughts on why Direct Cost of Sales goes from 1.8m this qtr...

First 6 Last

Share
Profile

Follow
Patient

2,474 Posts.

217

01/11/18

07:40

Post #: 36343837
Share

Originally posted by BertySmythe ↑

I think you are right. They will have to do a cap raise.

They have $2.5m cash 30 September 2018. There is a $2.0m Westpac bank facility but it is only "to allowfor short-term timing of cashflows"

Projected outflows for the next quarter are $11.6m and lets say cash receipts are $8.0m (were $7.8 in the previous qtr). Thats a cash burn of $3.6m.and they only have $2.5m in cash.

I reckon a CR will happen soon. If I was to punt I would say at around 17.5 cents

Expand

Any thoughts on why Direct Cost of Sales goes from 1.8m this qtr to estimated $3m next quarter? Staff Xmas Party?

MPW Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Zip's stunning comeback: Is this the start of a $14 revival?

CUV

Clinuvel shares dip, even as CEO comes back from temp leave

Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

ASX

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

MEG

Iberian expansion: Megado turns to Europe with Spanish copper mines

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

RML

Resolution's dual-listing to 'expedite growth' – and sets stage for NASDAQ foray

AVM

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

First 6 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.

Any thoughts on why Direct Cost of Sales goes from 1.8m this qtr...

Top Stories

Zip's stunning comeback: Is this the start of a $14 revival?

Clinuvel shares dip, even as CEO comes back from temp leave

Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

Iberian expansion: Megado turns to Europe with Spanish copper mines

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

Resolution's dual-listing to 'expedite growth' – and sets stage for NASDAQ foray

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

Featured News