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It is close to impossible imo they had a forecast of 1.1k cash...

  1. Barooona
    352 Posts.
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    15/02/17
    20:06
    Post #: 22646351
    It is close to impossible imo they had a forecast of 1.1k cash burn given dec receipt is 566 even with tax rebate we need close to double the revenue figure and dec is quarter is a strong quarter from historical data shown that mar quarter will not be spike too much.

    To achieve CFP we need more deal prob like 2 or 3 more major deal or just sit and wait for snowball effect from market advertisement.
    Last edited by Barooona: 15/02/17
    CL8 Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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