Q1 Cash loss (2,537)Q2 Cash loss (2,576)As it stands 65% of all...

  1. 775 Posts.
    lightbulb Created with Sketch. 349
    https://hotcopper.com.au/data/attachments/2851/2851736-b3b4cf9c08608652237fbdc13100f06b.jpg


    Q1 Cash loss (2,537)
    Q2 Cash loss (2,576)

    As it stands 65% of all cash receipts is still on salary and wages. I have heard this board talk this up as a growth only prospect and to forget about the profitability.

    But you would need to at least $10million in receipts for a quarter to be cashflow neutral. When do holders expect that? 2022?

    https://hotcopper.com.au/data/attachments/2851/2851773-b9843a03cf62cc2bbb4549cdd1c8a0e5.jpg

    A 21% increase in salary and wages, this note reads like they are comfortable with this. I think a capital raise will be due in 12-16months time, with that sort of attitude

    Finally, their 90 arrears reads really well, in fact, something does not look right. Would I be correct they are reporting COVID arrears separately from 90+ day arrears? 0.79 + 0.71? Was this asked on the investor call?

    https://hotcopper.com.au/data/attachments/2851/2851786-5d5ea8c25a48cf0455982ec99e2568c4.jpg


    https://hotcopper.com.au/data/attachments/2851/2851790-86483de5b0004be5397e96244fdf8f83.jpg

 
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
2.5¢
Change
0.000(0.00%)
Mkt cap ! $34.87M
Open High Low Value Volume
2.5¢ 2.6¢ 2.5¢ $5.034K 199.5K

Buyers (Bids)

No. Vol. Price($)
16 2006482 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 85000 1
View Market Depth
Last trade - 15.17pm 04/07/2025 (20 minute delay) ?
WZR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.