RGI 0.00% 22.0¢ roto-gro international limited

Ann: Appendix 4C - Quarterly, page-2

  1. 10,871 Posts.
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    Hmm, this is strange. The AGM presentation said that as at 27/11/19 they had $1.7m in cash but with these expenses and such small revenue I don't see how that was possible unless they froze all cash payments until after the AGM!

    Even with the share placement the cash position is still not great. I haven't read the activities report yet but I sure hope we got some much bigger revenue coming in this quarter or they'll need to raise more cash again soon!
 
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