read the whole report brother... at this end of the market you want to focus on money burn not money earn.... 500K revenue and 10million on hand means that they can pay just under 12 months salary and share issues to the executive assuming they don't bump their pay within this year and they don't pay the secretaries, office rent, electricity or fly anywhere.... a captial raising is definitely coming.... there is no immense rally here in the short term until revenue exceeds salaries!
Ann: Appendix 4E and Audited 2017 Financial Report, page-5
Add to My Watchlist
What is My Watchlist?