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On top of that, they would only have ~3m cash in bank at the...

  1. hectorc74
    184 Posts.
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    08/09/21
    14:28
    Post #: 55922935
    On top of that, they would only have ~3m cash in bank at the moment, as they reported 4.5m as at 30-Jun.
    2 months expenses is approx 1.5m, receivables are only around 100k.

    Anyway, sorry for being a downer, I think in these forums, both pro's and con's should be highlighted. It can't just be all hype.
    Last edited by hectorc74: 08/09/21
    ID8 Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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