Got a question in the webinar regarding the company's dwindling cash position and received a solid answer from Marc.
As you can see below, the cash bleed to date has not only not improved, but actually gotten worse YoY. I thought perhaps I had a misunderstanding of what Marc considered as 'breakeven'.
The answer to my question on the accelerating cash bleed will be in the webinar recording which is usually posted to YouTube within a couple days.
I have asked Marc a couple of tricky questions via email in the past and each time he has told me that I will see the results by xyz date, he has been correct so I have no reason to doubt the goal of breakeven March quarter.
https://www.youtube.com/@flexiroam/videos
Ann: Investor Webinar - Q1FY24 Update, page-2
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FRX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.18M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250000 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 300000 | 1 |
View Market Depth
| Last trade - 16.24pm 21/06/2024 (20 minute delay) ? |
| FRX (ASX) Chart |
Day chart unavailable