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17/06/19
22:19
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Originally posted by musky45
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Hey Cristophe,
Small correction. The company aims to be EBITDA positive by Q4, not cashflow positive. Due to the timing between sales and receipt of the cash, CFP might not be until mid 2020.
Great result though. The next 12 - 24 months should be very exciting. Huge operating leverage - the bulk of increased revenue from this point will fall straight to the bottom line.
Musky
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Thanks for the clarification. Yes also agree it is a great result nonetheless!
Impressive to see 2 sub holders increase their holdings with the option conversion and the directors too!
All at 20c which should put a floor in the SP.
Must be pretty confident to chuck $7.6m in at 20c I reckon.