Are u suggesting Euroz to topup big time on the predicted sp fall?
Or that this ann will be recieved well enough for them to exit?
Former has more reality with a massive CR in next 4 weeks, unless of course the dialogue of industry approaches bear some fast growing fruit?
An inability to cover costs for works completed? Currently that's $61.24 per process executed at approx $21 per worker hour and 3.25hours per process per staff member.(assuming 19 staff in total)......seems the commercial profit margin is MIA.. Does the process rate cover costs....?
Also, they need to increase processes to 16,500 units just to cover current cash burn, not including extra staff to handle more.... assuming $1m a quarter. I'ts gonna be a hard sell in upcoming CR
My conspiracy thought is CBA are aware of the pricing issues, and that IAM are under pressure [Potential buyout at say ~2c per share?] Or....umm...Reputational risk?
Question of support for theory- lf CBA are content, why would they persist knowing the current cashflow cash burn of IAM? l consider a plan must be in place going forward?.......or more queries will arise from regulators. Interesting times, aye.
