yes you are right but the management is not meeting it are they???? I vaguely remember i think it was a CR an year ago they might have said that particular CR would lea to profitability and what happens an year after they do another CR and no talk on profitability is there????
IMO this stock could be picked up at least 20% cheaper in not so distant future Ofcourse its my take (Iam no expert so please do your research) based on no profits visible in this calender year yet hence the question arises what happens when they run out 30 odd million cash??????
DYOR
AIMO
SS
Ann: FY20 Q2 Activities Report and Appendix 4C Cashflow Statement, page-11
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