Yep 100%. In March quarter 4c we should finally see some POS flows coming from Carpet Court and eBev.
If cash receipts follows the historical average trend of 26% that gives us around 1.75m for March quarter.
I'm not sure how the 1.3m initial Capricorn DSD fees will be paid and in which quarter. Apart from the DSD Proof of Concept success payment the other fees were paid upfront. If that's the case March could be quite good and should exceed 2m. Maybe it will be split amongst two quarters, who knows?
Not long to wait to see where the cookie crumbles.
SPX Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
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