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Wrong. YTD cash burn is $5.5m Reduce this by the Q2 outstanding...

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03/11/22

18:13

Post #: 64575814
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Originally posted by Gman70 ↑

dont forget this loss of only $700k is a bit of smoke and mirrors because don't forget they collected all the late payments outstanding from the last quarterly and included them in this quarterly, the last quarter should have been a loss of around $2mil if there were no late payments which would make this quarterly worse at around $3mil so in reality the cash burn is higher this quarterly which isn't good news, if the smoke and mirrors are removed it gives less than 2 quarterlys before a CR happens

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Wrong.

YTD cash burn is $5.5m

Reduce this by the Q2 outstanding late debtors of $3m = $2.5m

Remove the non-recurring one-offs in Q1 of $1.6m = $0.9m or c.$0.5m per quarter

So we have c.8 quarters or 2 years of cash burn on hand

HLF Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
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