PCK 6.25% 3.4¢ painchek ltd

Ann: Quarterly Update and Appendix 4C, page-3

  1. 95 Posts.
    lightbulb Created with Sketch. 4
    A lot of good info in this one.

    A couple key points;
    • Revenue $303,000 for the quarter, finally starting to see some cash receipts/ transfer to commercial agreements.
    • The company will not proceed with the tax payment objection due to the high cost of pursuing an action at court.
    • Cap raise/ funding: "The company is exploring a variety of fundraising options during the financial year 2022. The company has successfully raised funds from investors and current shareholders in the past, and expects this support to continue going forward.
    • ~3 Qs of cash remaining

    RI
 
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