VIV 0.00% 2.5¢ vivid technology limited

Ann: Appendix 4C - quarterly, page-5

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  1. 2,364 Posts.
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    No they have raised $1.2 million via the convertible note in April, which buys some time. What a pipeline of $9 million in "qualified opportunities" over the rest of 2019 means is anyone's guess. Not actual orders, but potential leads I guess. If they actually sold that amount they are fine.

    However, the previous quarterly said they had $7.5 million in sales orders to "prosecute and realise" over the rest of the FINANCIAL year. The likelihood of getting $7 million this quarter is nil so I am utterly unclear as to the status of these potential sales.
 
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