Nice One, my guess = $11.3m at end March. According to the...

Nice One, my guess = $11.3m at end March.

According to the announcement it was "over $9m" on 20 Feb. meaning the $3.5m sales in December were probably received and included already so we are really left speculating about January and February sales' cash received at end of Feb and March...

Cash Operating expenses for the nearmap segment have not been wildly inconsistent over the last 4 quarters. Take the average per qtr (say about $2.65m) but then allow that higher sales drive higher sales commissions to staff. I deducted half of my estimate to match the period from 20 Feb to 31 Mar.