Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-48

  1. 1,685 Posts.
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    Yep - it has been very clear that someone(s) with a decent sized holding has been exiting for the last week or two

    Every time there is good strength building up on the buy side during the past week or two, they have been unloading a few hundred thousand shares from "off screen"

    And now they have set up some decent size "sell walls" at 4.1 cents & 4.2 cents

    Shame, as I felt that the quarterly was solid - particularly when you take into account the improved cash receipts number, and the fact that Pointerra had a much lower receivables figure ($657k) versus payables figure ($1.56m) at the start of the July to Sept 2024 quarter.

    And they mentioned this in the quarterly (in bold below):

    Payments for Staff Costs represent salaries for administration, sales, and general management activities by Pointerra team members and were higher for the quarter due to a one-off grossing up relating to the ATO R&D rebate, which was received on a net basis and is grossed-up to recognise payment of outstanding ATO obligations.

    So based on these 2 x items above, you would think that the "total cash payments" for this quarter (Oct to Dec 2024) will be much lower than the quarter just finished.
    Last edited by Brett M H: 07/11/24
 
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