SCT 0.00% 0.7¢ scout security limited

I don't require clarification. Like I have said stop being...

  1. 1,528 Posts.
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    I don't require clarification. Like I have said stop being colored by fancy webinars and pretty 'highlights' as they are designed to divert your eyes away from the 3 most important areas: 1) last quarter receipts which was only $318k.. 2) Outflows $2.3m (eight times current receipts) with a cash burn of circa $1.5m to $2m per quarter and 3) cash on hand $1.8m (at end of last quarter which is nearly finished).

    That means within the next 20 days when the next 4C comes out you will likely find there is little to no cash left in the bank with the current burn rate and trajectory of current receipts.

    Time to wake up sunshine - you're in cap raise territory.
 
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