Gocu, I reckon management got a bit of a fright with the events of the past few weeks and will make doubly sure we get some good news soon - their jobs & reputations rest on it.
I also believe management's prediction of becoming cash-positive during this quarter will happen.
If you look on page 17 of the last quarterly you will see the "estimated cash outflows" for this quarter are only $12m plus interest of about $3m, so you are looking at around $15m
Last quarter we had cash inflows of $32m + $4m = $36
You can't be more positive than that! ____
On the last day of trading, I had a buy order in at 30c - now I wish I had rather made it an "at-market" order....
DML Price at posting:
34.0¢ Sentiment: Hold Disclosure: Held