AER 0.00% 8.6¢ aeeris ltd

Ann: Quarterly Report for Q3 March 2016

  1. 5,016 Posts.
    lightbulb Created with Sketch. 166
    Anyone would think AER has delisted and for whatever reason announcements aren't posting to HC doesn't help the cause.

    Never the less, they keep ticking on, growing revenue and their operations.  The last few announcements from the ASX:


    date Headline Pages PDF
    1 14/04/2016 Quarterly Report for Q3 March 2016 4 PDF
    2 14/04/2016 Appendix 4C - quarterly 5 PDF
    3 13/04/2016 Aeeris Delivers Mobility Safety Solution to Club Marine 2 PDF


    A further decrease in cash burn for the quarter and plenty of cash left on the books. Assuming this trajectory continues, they will be ($100k cash burn for the three month period)  with $2 million cash left, things are looking nice.

    Looks like this will have to be a longer term hold given it barely trades, wait for it to start paying out some cash in dividends to see a return

    Anyone else out there holding?
 
watchlist Created with Sketch. Add AER (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.