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In fact the quartetly states that staff costs will increase and...

  1. kickst@rter
    2,988 Posts.
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    15/05/18
    13:44
    Post #: 33105325
    In fact the quartetly states that staff costs will increase and cash outflows will increase in the last quarter. So, cash on hand will be 7-8 million. Next financial year will loose 8 million in cash outflows assuming no change. Meaning we will need a CR next financial year just to create an operating profit AND growth initiatives. Hence, SP is still below IPO price.

    The tech is promising, but profits and dividend s are years away.
    GSS Price at posting: 33.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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