QFX 0.00% 0.1¢ quickflix limited

Ann: Trading Halt, page-2

  1. 4,600 Posts.
    Well hardly surprising given cash burn rates. recent increase in marketing, cash on hand last quarter and how QFX historically raise cash when down to 2m. Just thought they would try drag out next CR to next financial year since already been 5m raised this year.

    Must be extremely disappointing for holders, another round of dilution so quickly after the last and for those who thought they might be able to get by without one.


    Kat.
 
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Currently unlisted public company.

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