Cash at bank is worth looking at. It went down from about $2.4m to $0.8m, despite a placement of $1.4m. Another thing is the regional revenues. Hardly anything outside Australia. The projected revenue for Jan-Jun 2008 of $7.6m will probably just keep their head above water assuming that it is realised.
ITE
i.t.& e limited
half year results, page-2
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