WHK 10.0% 1.1¢ whitehawk limited

Very solid result. Cash receipts of $953k USD - which is easily...

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  1. 1,613 Posts.
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    Very solid result.

    Cash receipts of $953k USD - which is easily their highest receipts ever (previous highest was $561K USD).

    And WHK went within a whisker of being cash flow positive with nett cash outgoings of just $12k USD.

    Cash position has improved a lot with the conversion of some options - with cash at bank improving by around $1.4m (to $2.368m).

    And sounds like there is a heap of sales activity going on - with a lot of decisions on new contracts expected soon.

    Overall a very good result by a rapidly improving company.
 
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