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lol...love it.. "if" and "should" all hanging on a telco deal...

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TTE

748 Posts.

89

13/02/20

15:09

Post #: 42915019
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Originally posted by mickey1979: ↑

Hi Crazydave1942,

I disagreed with you on the CR issue. commercial side is self sustaining. With consumer side, we have the trade facility and inventory finance.

trade receivable is about $8.5m and We can draw down 50% which is about $4m. They only utilised $1.1m so far. Inventory is about $7.4 and we can draw down about 50% which is about $4mUSD. They only draw down A$2m. I have used 50% on both trade and inventory balances, but from my memory the correct % are about 60%.

let’s say if we land the telco or bulk purchase deals, we would want at least 10-20% upfront payment, and I suspect this, with the available trade and inventory finance draw downs, we should be ok! All are just my assumptions.

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lol...love it.. "if" and "should" all hanging on a telco deal which either is going to happen this decade or not at all

apologies for my sarcastic cynical view.... hate the use if's and should's when everything is hanging in the balance

we technically "should" have hit our targets last year "if" the CEO did his job and was truthful.

give me a break already.

Last edited by TTE: 13/02/20

BUD Price at posting: 3.0¢ Sentiment: Hold Disclosure: Held
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