EXT 0.00% 1.1¢ excite technology services ltd

Thanks man.... It was quite inspirational really..I was there...

  1. 177 Posts.

    Thanks man....

    It was quite inspirational really..I was there and was soaking it all in..such an amazing experience.

    Yes...we are well aware and it's been well documented that the tech is yet to be rolled out on a large scale, net cash $8.5M at end of 4q2015, cash burn $3.4M in 4q2015...

    Asset light scaleable business with potential for high margin when current pipeline matures and new deals signed. it still remains that the coy has managed to bag strong, high-profile, business partners within Telco and computer hardware sectors within a year since listing which as holders is great...but yes...the big question as always...where's the cash?..

    Let's see...I'm of the view that it can achieve a cash breakeven during FY16...hopefully in time to negate the need for a cap raise.. Ideal scenario I suppose..but I'm hopeful..as I said time will tell..

    All the best mate...and good to see you still around.

    Cheers.
 
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