ZIP 0.35% $1.44 zip co limited..

“Not accurate at all. They’re implying that the burn for the...

  1. drg
    3,569 Posts.
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    “Not accurate at all. They’re implying that the burn for the last quarter was $30m but what they’re missing is a significant improvement we continue to make in regards to the cash burn,” he said.

    just to follow up on the cash burn, their is an article in the oz in regards to the zip qrtly.. apparently most of the cash burn was in October if management are to be believed. So in theory there should be more than 7 months liquidity.


 
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