total expenses 25% increase vs 60% increase in cash receipts over last quarter.
That there is a huge savings in scale.
If the above was 60% increase in total expenses vs 60% increase in cash receipts over last quarter, then your argument would have merit.
As it stands the company is doing exactly as forecasted, which is a testament to the team.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-17
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0.7¢ |
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Mkt cap ! $17.22M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 16 | 7034112 | 0.7¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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| CCO (ASX) Chart |