Revenue versus cash. Still doesn't explain zero cash receipts for product sold during the corresponding prior revenue period. I rang the company to seek clarification but he was unavailable. It all just confirms that Wand 1 was at best a revenue neutral building block to deals now being finalized. Shareholders didn't have a clue and can now only question why and how this was negotiated. The company 'suddenly' realised there was no cash flow and had to raise capital? Why didn't OBJ know it was a soft launch?
So do you have confidence that the new deal will be a lot smarter? The scale and scope of this deal has to be vastly different and vastly better. Does management have the skill to negotiate highly valuable commercial deals? We thought the first deal was a guarantee of success but after two years success is now based on future deals.
- Forums
- ASX - By Stock
- Ann: Shareholder Update - December 2015 Quarter
Revenue versus cash. Still doesn't explain zero cash receipts...
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WFL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.478M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
WFL (ASX) Chart |
Day chart unavailable