Ann: Quarterly update & Appendix 4C, page-11

look that's a risk, if momentum wanes in the business and cash continues to burn they will probably have do so. however, doing a bit of digging around the net on app analytics websites, their apps seem to be doing quite well (particularly noonswoon, which means they will have a strong stream of leads for their premium stores). plus premium instore orders looked materially higher than last q which should translate into higher revenue, and combined with lower operating outflows forecast next q, i am more in the optimist camp, though mr market clearly isn't seeing it the same way at the moment.

think it is most definitely worth a calculated punt at these prices, even has value as a shell if everything went to sh!t