FRX 3.57% 2.9¢ flexiroam limited

Got a question in the webinar regarding the company's dwindling...

  1. 3,834 Posts.
    lightbulb Created with Sketch. 538
    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

    https://hotcopper.com.au/data/attachments/5685/5685647-3196358515f1cf8f44feaa61427333ce.jpg

 
watchlist Created with Sketch. Add FRX (ASX) to my watchlist
(20min delay)
Last
2.9¢
Change
0.001(3.57%)
Mkt cap ! $21.67M
Open High Low Value Volume
2.9¢ 2.9¢ 2.9¢ $3.54K 122.0K

Buyers (Bids)

No. Vol. Price($)
1 40670 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 500000 1
View Market Depth
Last trade - 15.54pm 24/05/2024 (20 minute delay) ?
Last
2.9¢
  Change
0.001 ( 3.57 %)
Open High Low Volume
2.9¢ 2.9¢ 2.9¢ 44163
Last updated 15.54pm 24/05/2024 ?
FRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.