Recognised revenue is $153k, cash receipts during quarter is $136k.
And yes Harley, I did miss that bit , apologies. But if it was making more headway, we would have expected it to be more prominently featured rather than tucked away in the sentence.
Short of a large deal involving the majors and even Scharff had its problems, their commercial model is a long distance away from breaking even...the volume needs to be very large for the charges it makes, And when they suggest that the Malaysian Aeroline deal is a major one( "major contract upgrade"), that is rather worrying because Malaysian ringgit is 1/3 that of AUD and the bus line is not a big company.
YOJ Price at posting:
6.0¢ Sentiment: Sell Disclosure: Not Held
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