I spent 1 hr and roughly work out that evs burn 7 million from Jan to June, down from 31m to 24m cash. Between June to today they won’t 500k new contract. The only new update is probably they confirm the reoccurring rev is 6.5m from mar to aug. I don’t think they need another cr till next year March quarter.
business in China has not enlighten me too much, we should expect a 2nd phase contract in June. But nothing happen. delays? Who knows
can anyone find the info that how much they spend on the new acq?
evs still need lodge quarter report until they running profit. I think that is asx law. Maybe they are in the progress of merge, that’s why they could not lodge 4c.
Open for discussion guys
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