Yes you have to spend money to make money but it needs to be in moderation. If you look at the breakdown in costs a large part is actually higher fixed reoccurring charges. My point is the cash burn has increased and at a higher pace than net revenue. As such there either needs to be another raising before June 2018 or revenue needs to increase substantially. Given peak season is over end of Dec and costs haven’t likely peaked at 7.9m for the quarter something has to give.
I believed in the stocks potential I just think it’s poorly managed. But wait until June and see who is right.
- Forums
- ASX - By Stock
- Qtly
Yes you have to spend money to make money but it needs to be in...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BET (ASX) to my watchlist
|
|||||
Last
8.3¢ |
Change
0.003(3.75%) |
Mkt cap ! $80.10M |
Open | High | Low | Value | Volume |
8.2¢ | 9.0¢ | 8.0¢ | $166.3K | 1.996M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 146632 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 37500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 146632 | 0.083 |
3 | 195257 | 0.080 |
3 | 249000 | 0.079 |
2 | 350188 | 0.078 |
7 | 339035 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 37500 | 1 |
0.086 | 107238 | 2 |
0.087 | 30000 | 1 |
0.088 | 79000 | 2 |
0.089 | 15909 | 1 |
Last trade - 15.45pm 30/07/2024 (20 minute delay) ? |
Featured News
BET (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online