8. Estimated cash available for future operating activities$A’000 8.1 Net cash from / (used in) operating activities (item 1.9)8.2 Cash and cash equivalents at quarter end (item 4.6)8.3 Unused finance facilities available at quarter end (item 7.5)8.4 Total available funding (item 8.2 + item 8.3)8.5 Estimated quarters of funding available (item 8.4 divided by item 8.1)Note: if the entity has reported positive net operating cash flows in item 1.9, answer item 8.5 as “N/A”. Otherwise, a figure for the estimated quarters of funding available must be included in item 8.5.8.6 If item 8.5 is less than 2 quarters, please provide answers to the following questions:8.6.1 Does the entity expect that it will continue to have the current level of net operating cash flows for the time being and, if not, why not?8.6.2 Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful?(1,418) 2,116 0 2,116 1.49 Answer: No. The company has reduced costs significantly in the second quarter of FY2022 across a number of operating cost areas in the company. The reduction can be seen in section 1.2 above where operating cash costs reduced by $280k or 14.5% in the second quarter compared to the first quarter of FY2022. Answer: The company has a number of cash generating processes underway. Firstly, the company has a Share Purchase Plan (SPP) ongoing in the market with an option for oversubscriptions . The company also received additional cash funds from overdue client receipts of A$770K and an Isreali Innovation Authority R&D grant of A$210K in July 2022. The company will also continue to explore other shareholder fund raising options as needed in H2 FY22. ASX Listing Rules Appendix 4C (17/07/20) Page 4 + See chapter 19 of the ASX Listing Rules for defined terms.Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B8.6.3 Does the entity expect to be able to continue its operations and to meet its business objectives and, if so, on what basis?Note: where item 8.5 is less than 2 quarters, all of questions 8.6.1, 8.6.2 and 8.6.3 above must be answered.Compliance statement1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.2 This statement gives a true and fair view of the matters disclosed. 29 April 2022 Answer: The company believes it will meet its business goals through the fund raising plans highlighted in 8.6.2 above, continued organic growth of existing and new products, reduced operating costs and potential acquisitions which will contribute to its revenue growth and expanded client base and global presence.
Well well well.
The first thing to look at in the accounting figures is the estimated quarters of cash available.
All of the shares I invest in have had well in excess of two quarters available and here are their figures.
I apologise for the copy/paste. But if you go to the Ann you can read it much more clearly.
I won't even comment on the other stuff as it is pointless.
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