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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

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  1. 39 Posts.
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    Revenue consistent, costs down slightly and the additional cash facilities leaves 2 years of run way.

    More like a cover drive for a couple of runs, rather than a boundary, but better than getting trapped in front of the wicket.

    If anything, you'd have to argue this quarter was marginally better than the last, so this stock is better value than it was. The trend is positive.

    Liquidity is a bit of an issue. Putting a bit of cash to work, you get hit by the spread - bit in 12 months time that won't matter.
 
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