Takeover is possible - I also would not welcome this. Do you have any figures that support a positive CF quarter? By my reckoning, the only revenue will be derived from the end Nov shipment and we know lots about that now so revenue of 7.5M appears to be locked in. Costs will be around $9-10M and staff and OH's will be around 1.5M. My estimate is -$4.2M. Might be slightly less, if costs are towards the bottom end of that range but I cannot see how they can be CF positive. Maybe if they sell their shares in other companies they could be CF positive.
E25 Price at posting:
$1.29 Sentiment: None Disclosure: Held
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