Pretty quite on here but the quarterly report was short and succinct. We are hoping to be cash flow neutral next quarter. 'Normalised outflows' forecast to be $990k ($1.32M x 0.75, stated 25% forecast decline) next quarter, and expected income from the energy management platform to be $660k, presumable a similar amount of $480k from the mobility platform, shows us being cash flow positive $150k, which would be a fantastic result for us so early in to our roll-out.
An upgrade of our energy platform to 'Virtual Analytics' will increase out growth potential, which is already very strong.
I was initially disappointed with the news of the capital raising, but to be done at $0.15/share, essentially the same as the current share price at the time, is a great result by management and shows a lot of support/confidence by the placement managers. I cant think of a time where a small cap company has performed a placement with such little discount to current share price.
Long term hold for me, will add if this dips below $0.15, however imagine support will be strong around these levels.
All IMO only
- Forums
- ASX - By Stock
- SIS
- Ann: Quarterly Report - June 2018
Ann: Quarterly Report - June 2018, page-2
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SIS (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.013M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $41.95K | 10.61M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 7605262 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 306131 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 7605262 | 0.003 |
11 | 16400000 | 0.002 |
6 | 22800024 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 306131 | 4 |
0.005 | 1251275 | 4 |
0.006 | 12230850 | 6 |
0.007 | 550001 | 3 |
0.008 | 669229 | 2 |
Last trade - 11.45am 18/07/2024 (20 minute delay) ? |
Featured News
SIS (ASX) Chart |