SLX 2.13% $5.05 silex systems limited

Valuation, page-5

  1. 4,564 Posts.
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    From Last 6 month report -

    $7,698,499 - LOSS
    Internet on cash - $1,400,000 profit
    Silex Systems - $200,000 loss
    Translucent - $2,400,000 loss
    Solar Systems - $5,600,000 loss (Increase due to new S.A. build)

    Not sure were Chrono sits in the above or maybe its the missing amount.

    Cash in Bank $70M
    New income should be coming in from solar.
    Staff income costs were $7,500,000 for the 6 months.

    Of interest I noted that $66,663,846 is held in Held to maturity investments.
    Seems like a wise business move to make the decisions that have been made looking at the figures. Although something should have been completed for revenue with the money already spent.
 
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