This is going to be a tough one to predict, however we do know they have only received $200 from Telenor and most of the other Telco's they have recently signed have generated no cash receipts.
Cash on hand last quarter $5,258,000
They used $1.13m proceeds from borrowings expecting that to be received from R&D, so probably assume they'll use the same amount this quarter
Outflows for the quarter assumed at $1.97m
Let's be safe and go with $2.5m - not cheap to set-up an office in the US & hire new staff
Cash receipts - anywhere from $80k to $110k
Cash on hand as at end of quarter = $2.85m & cash on hand right now would be closer to $2.1m
This is going to be a tough one to predict, however we do know...
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Last
4.0¢ |
Change
-0.002(4.76%) |
Mkt cap ! $35.98M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.4¢ | 3.8¢ | $77.59K | 2.013M |
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| No. | Vol. | Price($) |
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| 2 | 103013 | 3.9¢ |
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| Price($) | Vol. | No. |
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| 4.2¢ | 3000 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
4.0¢ |
Change
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| Open | High | Low | Volume | ||
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| Last updated 15.59pm 14/06/2024 ? | |||||
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