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0.00% 4.1¢ norwood systems limited

Cash burn rate, page-132

  1. webbj
    5,019 Posts.
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    29/04/16
    23:14
    Post #: 17639006
    You were spot on Disco, my staff cost was out by $21 000. My admin was under by a mere $104 000. So overall, the company spent just over $1 million on both last quarter. No Joke.


    BS indeed they were, I underestimated most of them. Actual cash burn was $3.5m vs my post of just under $3m. Humble apologies, I will try and do a better job next time.
    NOR Price at posting: 3.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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