DUB 2.13% 4.6¢ dubber corporation limited

Ann: Investor Presentation-DUB.AX, page-54

  1. 228 Posts.
    TCB I don't think cash position is so flash. The 4.1m cash position was predicted based on 2m outgoing payments and only 600k (500k bank project and only approx 100k in subscriber receipts). The cash position is only propped up by tax refund 1.3m and project revenues which are drying up. Otherwise DUB is burning, burning, burning. CR is still very much in play after Jun quarter unless massive subscriber numbers come in real quick and start to bill immediately. My view is the 6 telcos aren't exactly connecting 1000's of subscribers as promised. I am slightly worried this might start to fizz out.
 
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