re: Ann: Change of Director's Interest No... Newland not on the back of the pad I am working on. I think it takes until 4th quarter FY 2013 to break even on cash flow and the company is only profitable FY2014.
I may be wrong but I am using the 23/24 contracts all in place to be at break even. I am then taking those and projecting when these will be installed. I do think that the retirement arena will and can be an upside to this but it is early days and I suspect decision making takes a lot of time within that business sector.
Did Evans actually say they will be cash flow positive then? Would the action by Mr G and the product sales having to be rebuilt have an impact on that - I am not sure.
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