@William DYou clearly didn't read the company's quarterly report.
If you had then you would know that the company is now targeting gross margin over revenue growth.
They also revised there cash-flow break-even date to the June 2020 quarter (from the March 2020 quarter)
As for future cash receipts lets see what the trade debtors & creditor numbers look like in the annual report before commenting on it.
The current backlog (if you look at quarterly reports) would indicate a health sum is to be received in the coming month's however past history has shown that not to be the case when you look at the proper accounts.
Given the dire state of the company's finances the executive directors should be foregoing there salaries & bonuses until the company reaches cash-flow breakeven for 3 consecutive months.
They should also be asking the major telco's to make upfront pre-payment towards the services there asking for.
I wonder how much more money Mr Dunhill is prepared to put into the company given he's already invested around A$1M to date & is currently nursing a considerable paper loss on that sum.
LOTM
