Ouch. Negative operational cash flow of $6 million. Would they still exist if they hadn't issued another $21 million in shares? Corporate expenses rose so I wonder if any layers of management went in the restructuring? Of the (very encouraging) software licencing sales of $6.1 million, $2.7 million was Enterprise, $1.8 was Commodity (?revamped desktop products) & only $1.6 million is attributed to all the other desktop products that they have been selling for the last 30 years. I hope this strategy works but at least management is keeping the company alive .....
Commentary only, DYOR
Ouch. Negative operational cash flow of $6 million. Would they...
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Last
$3.00 |
Change
-0.030(0.99%) |
Mkt cap ! $662.1M | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.06 | $2.98 | $652.3K | 217.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1404 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 1650 | 1 |
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| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| RUL (ASX) Chart |