The report is not great obviously, but it is in line with my expectations. A slight improvement over Q1 in numbers, but much more important is that the quarter is the postivie operational cash flow. Means the business is long term sustainable even with these sales.
I would be very interested to see the half yearly accounts to see where the positive operational cash flow is coming from. I hope it the sales of parts and knockdown kits and not just the agressive cost cutting (though being efficient with the costs is always very important).
The report is not great obviously, but it is in line with my...
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| VMT (ASX) Chart |