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Is 7C coming back?, page-14

  1. firehound
    169 Posts.
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    02/06/18
    08:42
    Post #: 33447961

    Can you elaborate on your numbers used to make these statements please.

    I'm by no means an accountant so could be wrong, but from my quick look at the quarterly, my understanding:

    Cash on hand was 9mil at the end of the quarter.
    Their predicted cash burn for this quarter is 2.8mil
    They have just raised 15mil

    Seems like more than enough dough to me for now...? Why all this talk of CR?

    DYOR
    Last edited by firehound: 02/06/18
    SAS Price at posting: 8.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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