"If Spectur can back this up with another quarterly cash flow improvement in Q1 2024"
Very unlikely. Q4 is usually the best as far as cash flow goes. Q1/Q3 not so much:
If anything, it's disappointing that the best quarters were in FY20/21. I do understand that there are WC requirements to this, so a quarter with positive cash flows may be indicative of chewing up inventory (or collecting on receivables). But it still does not look good, given Q1 is usually a big cash drain, and there's only $1.5m left in the bank.
SP3 Price at posting:
2.3¢ Sentiment: None Disclosure: Not Held
