CST castile resources ltd

ash, looking at the previous 3 quarters they were $2.1m, $1.6m,...

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    ash, looking at the previous 3 quarters they were $2.1m, $1.6m, and $3m, total $6.7m.

    The middle quarter was the northern hemisphere holiday season so would it be reasonable to presume that the first $2.1m contained a little pre-ordering for the holiday season, say $200K bringing it down to $1.9m?
    Following that further perhaps the $3m quarter had say $400K "catch up" orders in it making it $2.6m. Pure guesswork I know but that would adjust the 3 previous quarters to $1.9m, $$2.2m and $2.6m with the same 9 month total of $6.7m.

    In that light the latest $2.5m, whilst still disappointing, is not a big drop from the previous quarter but still a bit hard to understand considering the tremendous increase in interest in QFTG evident on the internet over the past 6 or 9 months plus of course the fact that IT has been available in Europe for some time now.

    At a guess the CST payment terms would be a pretty standard 30 days, any young company dealing with this standard of client would be mad to give greater than 30 day terms.
 
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Last
6.2¢
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0.007(12.7%)
Mkt cap ! $18.95M
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