I think they've drawn down $473k of the $1m looking at the next column as well as $300k from another director loan. They'll certainly need to dip into it further this quarter.
It is excellent that they're generating reasonable revenue, but it's unsustainable at the current rate. I haven't researched this stock much, but there must be more to come in from the Lenovo deal. If they can turn things around then yes it does look very cheap at the moment. Maybe worth a flutter on Melbourne cup day. But very high risk.
Add to My Watchlist
What is My Watchlist?