FRX 5.26% 2.0¢ flexiroam limited

Ann: Quarterly Update and Appendix 4C - December 2023, page-5

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    Gone are the key metric graphs and, by the look, the quarterly conference call.

    Cash receipts grew significantly which, along with further data cost reductions helped it teeter into the cash flow positive region.

    Are you at all concerned with the lack of revenue growth, given their business model?

    Still running on fumes as far as cash in the bank is concerned, and now have a small debt.

    So I'm still sitting on the sidelines for now.

    The new guy certainly has the marketing and company growth background to take FRX to the next level, so I think it will be delivering new deals that will sway me to buy back in more than the current financials.

    Just my thoughts.

    Milesy
 
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