AXP 0.00% 0.1¢ axp energy limited

Ann: Appendix 4C, page-4

  1. 19,059 Posts.
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    Are we reading the same 4C as this is another disaster to me? The number of units sold went from 918 in Q3 2018 to 826 in Q4 2018 (down). The revenue fell from $2.052 million to $2.027 (down). To achieve this negative growth they burnt through another $4.5 million in cash and will be out of cash by June 2019.

    I see nothing here that suggests that they are getting any closer to break even.
 
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