great news and a great developing story here. Just a caution though - revenue does not equal profits for the purpose of calculating PE ratios or forecasting future MC. The March 4C report showed quarterly recurrent expenses of $1278k, or $419k per month. This latest revenue report shows we are approaching a cash break even point in the next month or two, which is certainly encouraging, and will hopefully reduce the need for a cap raising with only $1050k in the kitty at the end of March. 20% revenue growth per month should see us at cash break even by the end of May, assuming costs do not rise in line with revenue growth. What the net earnings or profit will be on that revenue - who knows?
Super Exciting Week Coming?, page-101
-
- There are more pages in this discussion • 31 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 ODA (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.29M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 34950 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 2330 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34950 | 0.150 |
1 | 32500 | 0.145 |
1 | 30000 | 0.140 |
1 | 2000 | 0.130 |
1 | 60000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 2330 | 1 |
0.200 | 66618 | 3 |
0.210 | 50000 | 1 |
0.215 | 6156 | 1 |
0.220 | 16153 | 1 |
Last trade - 10.06am 03/10/2024 (20 minute delay) ? |
Featured News
ODA (ASX) Chart |
Day chart unavailable