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0.00% 4.7¢ pharmx technologies limited

I shouldn't ' bag' my investment but..... $8.7m in cash and...

  1. goodie3shoes
    510 Posts.
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    10/03/17
    10:43
    Post #: 23243732
    I shouldn't ' bag' my investment but.....
    $8.7m in cash and declining.
    $10.8m in Intangibles.....probably should be written off as they produce no real income. So has it any value?
    $4.6m in trade payables. (trade receivables of $0.3m)
    In the cash flows we have$7.9m in receipts from customers BUT the payment to suppliers and employees is $8.8m!!
    Don't look pretty.
    COO Price at posting: 5.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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