the knockers will have a field day with that quarterly .... good on them; they have been right about the last 12 months cash generation ... income a lot slower to come to fruition .... i could handle the barbs if it wasnt their mates who sold the story as hard as they coud before exiting ...
anyway 300k income against 1.2m costs ... but lots of cash into the long term business plan in the past few months. Down to their last $1.1m; but cash burn should reduce next quarter.. They have plenty of coin sitting in ksx; it's going to be interesting to see if they unlock some of it.
news in coming weeks should be all good .. in fact check out the announcements in past 12 months, no bad news there ... at some stage the recurring revenue from MTC's will arrive and MVH will be a no-brainer ...
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