ABV 1.82% 5.6¢ advanced braking technology ltd

Ann: Appendix 4C - September 2017 Quarterly Report, page-2

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    Having spent a bit of time looking this k e over, but would be interested input from those who know it a bit better than me.

    Coming quarter predicts a 3pc receipts increase, with the real saver being the tax rebate creating a 120k ish surplus.

    When that disappears the next quarter all things being equal there's about a net 700k hole to fill, and assuming a sales ramp includes a cost increase it actually prolly means even more than that.

    From what I can see there's enough cash on hand to see out that quarter bit essentially ABT has 6 months to find about 1m new quarterly sales to not be needing funds from somewhere.

    Is my maths wrong? Is that really a viable ramp up if Terra dura roll-out and take up goes smooth?
 
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