@westbury1 About the only earnings guidance recently has been the EGM presentation which says "China TARGETED to become cashflow positive by 4th quarter FY2022".
They are running losses every quarter (or 'investments' as someone pointed out to me a while back). Q3 2021 revenue was less than Q3 2020. Q4 2021 will show less or equal revenue to Q4 2020 (based on the EGM prediction of $16m for the FY).
Sellers are selling lower every day. Buyers are soaking them all up.
Extremely difficult to have any idea of where this is heading. If they are simply 'Targeting' China to become cashflow positive, then there will be multiple capital raises between now and then (if it ever happens). Are they going to be able to keep pulling new money out of the air?
Anyone got any thoughts?
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