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Ann: Quarterly Activities Report & Appendix 4C, page-3

  1. Whynot50
    1,041 Posts.
    lightbulb Created with Sketch. 14
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    04/02/18
    10:54
    Post #: 30802687
    I don't think so. We have $3.3 million in the bank PLUS revenue coming in from contracts. Expected outflows next quarter is $1.8million.

    Extract from 4C:
    'Total estimated cash outflows (excludes revenue generated by existing or future contracts. In particular, only shows the forecasted expenses but not the revenues of Akwa-Worx Pty Ltd and Akwa Facility Maintenance Pty Ltd).'
    DEM Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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