Morning everyone!!
Based on my & other posts around 8 July when we received the numbers in the "flash financials", I am personally expecting a nett cash outgoings figure of around $920k in this K2F 4C report.
This will obviously include some costs associated with the Decipher acquisition - which should drive some significant revenue increases for K2F over the next few years.
Despite record invoicing, this $920k number (if correct) would be the highest nett outgoings figure since I have been keeping records (Dec 2018 quarter) - which would explain some of the downwards share price movement recently.
However, they have a stack of money in the bank (around $7m), they are "playing" in an increasingly important area, they now own a great suite of products (some of which command the big $ value contracts we have been looking for) - and they have now built a very talented management & staff team.
Plus they have openly stated their goal of $20m in revenue within a couple of years.
I keep coming back to those approximately 70 cent options that were granted last year - to Canary Capital I think? Canary would know this business better than anyone.
So I would be extremely surprised if K2F wasn't a big success going forward - but this last 4C might just be "1 step backwards to go 2 steps forwards"![]()
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $33.64M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 18.0¢ | $9K | 50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 11995394 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 2390889 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 11995394 | 0.180 |
2 | 750000 | 0.175 |
2 | 350000 | 0.170 |
1 | 7598 | 0.095 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 2390889 | 29 |
0.190 | 840468 | 7 |
0.195 | 56334 | 3 |
0.210 | 15912 | 3 |
0.000 | 0 | 0 |
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