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09:56
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Originally posted by steve10:
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Allowing for $3M pa savings announced, $1M pa savings for fulfilment, $900k revenue increase x 57% = about $500k extra margin per quarter Q1/Q2/Q4 & $1,250k revenue reduction x 57% = about $700k less margin Q3 it appears there is about $2M cash buffer until cashflow positive. A CR may not be required & there are also another 5 warehouses to flip. Revenue increases are conservative.
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what a load of crap that all is steve...you have to stop dealing with hypotheticals and look at the real numbers that have been announced...and they aint that good,,,especially the corporate costs and salaries, which are ridiculously high
(20min delay)