I tend to agree. But go back and count the posters who were expecting cash receipts $60 million. There's a lot of mugs on this forum!
I would be interested in a good explanation as to how the company's order pipeline from the January 2024 presentation converts to revenue of just over 1/3 of the "Order Book 100%" plus "PO Processing (85%)" value. Did they lie in the January announcement about where these orders were in the pipeline? Or were customers cancelling orders after placing them? Or are they just incompetent?
From the January presentation:
From this presentation:
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- ASX - By Stock
- DRO
- Ann: July 2024 Investor Presentation
Ann: July 2024 Investor Presentation, page-4
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