MIK mikoh corporation limited

Did anybody actually read Friday's announcement?Opening Cash...

  1. 261 Posts.
    Did anybody actually read Friday's announcement?

    Opening Cash 1/4/04 466,921
    Net Cash Inflow 1,729
    Closing Cash 30/6/04 468,650

    They also stated that cash inflows for July were $225,000. Now doubt some of this relates to the $700,000 sales orders received from the Italian distributor since 1/4/04. (refer announcement 14/5/04).

    The Chairman, Ian Cameron, comes from a strong financial background. And he is not even considering a capital raising. Otherwise it would have been done already.

    Me thinks it is the beginning of the beginning for Mikoh.
 
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