CNN 6.25% 15.0¢ cardia bioplastics limited

Ann: Sales Update FY2012 , page-23

  1. 12,605 Posts.
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    sun

    "Cash burn rate is around 38k per month, it's around $4 mil, not $1.5"

    ????

    38k x12 = 456k NOT 4 mill


    plus 1.1 from SPP (on top of 1.9 mill from March Q cash report)


    SO - what is it going to be ?????


    My personal guess - 2013 cash neutral and going towards cash flow positive
 
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