Looks like a pretty solid result - though with the revenue from a few contracts being delayed, the cash receipts ($295K) was lower than the outgoings cash ($717K) by $422K.
They are expecting the outgoings cash to decrease from $717K to $564K next quarter - and for this to be "offset by expected cash inflows from revenue growth".
So WHK's expected "break even cash result" seems to have been pushed back a quarter?
I haven't read all the sales updates in detail - but it does sound like there is plenty happening (with an expectation that 1 or 2 new "advanced contracts" will be delivered early 2020).
Looks like a pretty solid result - though with the revenue from...
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $6.215M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $41.18K | 3.192M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 4651921 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 468000 | 3 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WHK (ASX) Chart |