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10:41
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Originally posted by makattack
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Well the target was for around AUS$24mill in revenues. We now know the end result was AUS$13.2mill. So yes they've missed it by a fair way and it was a mistake by them to make such forecasts which are difficult to do with such an organisation and so many factors. No arguments there.
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Personally I am not too worried about the revenues but more the cash flow neutral. Servicing debt is not a bad thing unless it is to pay for the company to be able to keep trading, once a company is in profit It proves it is a viable business and ticks a fundamental box of requirements of a lot of investors.
