Yep agree, but they may need it a little quicker because it'll take 4 months for revenue. I know you hate hearing it but if they don't get a major Telco with at least 5,000 confirmed signed up subscribers to generate some revenue then the CR is back on. I am still of the belief that 1.7m CBA revenue has a decent cost of sale whack attached to it so can't count all of those chickens yet (I'll believe it when revenue hits). The monthly expenses burn is rising way faster than revenue. It'll also be interesting to see how much R&D tax refund they got. The next quarterly due end April will be fascinating read.
Yep agree, but they may need it a little quicker because it'll...
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4.6¢ |
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Mkt cap ! $42.27M | |||
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| DUB (ASX) Chart |