Ann: Investor Presentation - October 2016-SMA.AX, page-3

  1. 2,471 Posts.
    lightbulb Created with Sketch. 305
    Now they talk about margin cause revenue is down. This was their choice of course. Not because they don't have enough working capital.

    Gross profit they need 1m pq to do business and they are getting .12m so cash burn at .88 pq. So down to the last million once again. Enough to last 1 more q.

    Good luck.
 
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