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Ted’s response - Costs vs Revenue, page-138

  1. 3,854 Posts.
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    Spent about 30 minutes just now typing up a reply but the maths was all over the place and it's getting late.
    Basically $2.7m in revs won't cut it once we take out $1575k in costs (525k a month AUD) and try to pre-pay for ad-space for the next 'up to 120 days' when we get paid.
    Technically yes, they're cashflow positive at $52k a day in revs, but won't be able to sustain.

    Very close however. If Ted's tweet really is a game changer as he hints, then I don't think this 4-5c range will last much longer.

    I'd have bought back in already if I wasn't so wary these days. Lots of fluff in these announcements and I don't totally understand the business as well as I would like to. Plus it's constantly sold down on every announcement.

    Waiting patiently and hoping for a bargain for re-entry! (I'm an old holder from IPO who lost around 90%)
 
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