CCO 0.00% 0.8¢ the calmer co international limited

Ann: Trading Halt, page-32

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  1. 1,396 Posts.
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    Here is why I believe your statement about $500k banked may be inaccurate.

    https://hotcopper.com.au/data/attachments/5197/5197012-0b13f89145ebf18bab14b7bec06dd0a4.jpg

    Note the cash burn of $1,051,000 from last quarter.

    https://hotcopper.com.au/data/attachments/5197/5197016-591ef72d0ff7debee558b65b4c0fe881.jpg

    Note the cash in the bank 3 months ago

    https://hotcopper.com.au/data/attachments/5197/5197017-54afb915c9446065e8f0c372d41026dd.jpg

    Note the estimated quarters left of operational cashflow.

    https://hotcopper.com.au/data/attachments/5197/5197020-0ad6abda5aafa06e072f4c63750f20f6.jpg


    My basic year 10 level maths leads me to conclude the $500k raised has contributed to the current quarters operational cashflow for FIJ to stay afloat.

    We are now 3.5 months since the cash raise and quarterly numbers.

    A raise is potentially imminent and I am guessing in my opinion only that the $500k is far from 'in the bank'

    Also this was the from auditors report released 28/02/2023

    https://hotcopper.com.au/data/attachments/5197/5197032-1fb1c9b4479635ea748137b8f76d887a.jpg


 
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