HTG - Upcoming 4C Quarterly Report, page-4

So the VOS Shine being out of commission did have a huge impact on the numbers in HTG's 4C.

In broad terms, the last 2 x HTG 4C's have shown:

31 March 2020 30 June 2020

Receipts $5,902k $4,352k
less
Cash Outgoings $5,150k $4,224k

Nett Cash Incoming $752k $128k

And now this 30 September 2020 4C shows cash receipts of just $768K, and with nett cash outflows of $1,644k (and this figure includes the $131k in government grants HTG received this quarter).

That's quite a slide.

I am here for a long term play, and will top up more if the SP goes really low - but I was hoping that the reduction in receipts / nett outgoings was not going to be that large.

Have a great weekend everyone.