Couldn't agree more Wise One.
March 2016 Qtly
Receipts from customers = $152k
Staff costs = ($286k)
Other working capital = ($354k)
Net operating cash flows = ($487k) cash flow negative for the March 2016 quarter.
Cash at the end of Quarter = $2,490k
June 2016 Qtly
Receipts from customers = $177k
Staff costs = ($229k)
Other working capital = ($371k)
Net operating cash flows = ($421k) cash flow negative for the June 2016 quarter.
Cash at the end of Quarter = $2,071k
Next Quarterly should be a ripper.
Onwards and upwards PIL!
Tony
Ann: June 2016 Quarterly Report-PIL.AX, page-4
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