NO Mac duff
What I said was that in my opinion the company will continue to losing cash
The June 30 Quarter did talk about operating cash flow from Alreco being positive but the overall cash flow is and was a SIGNIFICANT LOSS
I personally expect the entity you are invested MHM to have total consolidated Negative cash flow of around $1 million for each of the next 2 quarters , and yes show a small operating cash surplus but not sufficient to cover total corporate overheads , if I am correct in this assessment there will be no cash left to buy Xmas presents
A director worth his salt would recognize this now and seek funding sooner rather than later , I said in the past they should of raised money at $1 now I say good corporate governance would be to raise $4 m at 10c .
NO Mac duffWhat I said was that in my opinion the company will...
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Mkt cap ! $163.2M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 11786 | 1 |
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