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Hi There Just out of curiosity and thanks for the info you have...

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valueadd

5,923 Posts.

1901

20/10/19

13:26

Post #: 40974149
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Originally posted by botter ↑

I have been crunching some numbers from the last few quarterlies and I couldn't find the initial $3M acquisition costs for CloudTen that should be shown in the March quarter? Does anyone have better knowledge that could comment?

The last quarterly used a different format, I am assuming that administration costs are now listed under Supplier Payments?

The numbers in yellow areas are estimate only. It is pretty clear that VOR needed the $2m of share proceeds to maintain a positive cash balance. Once the fourth tranche payment of $1.1M is completed then the company will be in a strong position, I don't see any near-term acquisitions that can be funded from current cashflow though

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Hi There

Just out of curiosity and thanks for the info you have provided , where does the $4.4 mill estimate for income in the Sep 2019 quarter come from ?

Is that your estimate, or a general number thats been kicked around by the compoany ?

cheers

VOR Price at posting: 1.4¢ Sentiment: Hold Disclosure: Held
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