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My simplistic take on this announcementComparing to 2H22 There...

  1. Daniel03
    729 Posts.
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    21/12/22
    12:18
    Post #: 65398570
    My simplistic take on this announcement
    Comparing to 2H22
    There were Cash outs of around $45 million in 2H22
    1H23 revenue of $60mil minus $45mil equals $15 million of cream

    1H23 revenue of $60mil means Q2 revenue is around $40mil therefore a 100% increase on Q1 ($20mil)

    Everything is looking positive.

    *** Lots of assumption in working this out ***
    MDR Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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