Yes, 2 mill increase in cash for the quarter,
BUT decrease of 5.9 mill year to date
sales 60mill year to date, but outflows exceed inflows
cash at beginning 17.49 mill reduced to cash at end 11.62 mill
churn rate of cash out exceeding cash in means at current rate would last another ???????????????????????
look at year to date figures,
cash in needs to exceed cash out to be a positive.
if the burn rate is higher = negative
HHHHMMMMMMMMMMMM
I would need more positive figures before pouncing on this one.
read the red stuff
- Forums
- ASX - By Stock
- ASC
- serious comments?
serious comments?, page-3
-
- There are more pages in this discussion • 4 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 ASC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online