QOR 0.00% 41.5¢ qoria limited

Ann: Quarterly Operations Update and Appendix 4C, page-4

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  1. 517 Posts.
    lightbulb Created with Sketch. 131
    Cashatbank$2.3m
    CashoutflownextQtyis$4.1m

    selfexplanatorymyfriend
    From the report

    Issue of the second tranche of 29.0 million shares is subject to shareholder approval, to be sought at the Company’s Annual General Meeting scheduled to be held at 10am WST on Monday 4 November 2019 at 45 Ventnor Avenue, West Perth, Western Australia.

    At 14c a share that's another $4.006Mil that you can add to cash at bank next week. Are you assuming it wont get approved?
    Also you've also gone to the trouble of pointing out cash flow for the next quarter. Are you assuming revenue is going to drop to zero for the quarter?

 
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