ALT 0.00% 0.5¢ analytica limited

Ann: Appendix 4C - quarterly, page-3

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  1. 1,788 Posts.
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    Annual advertising spend $2 million. Sales revenue $68,000. Would rather these numbers were the other way around as if this keeps going we will need another CR in a year's time. Where did $2 million go on advertising? That is a lot of money.. which adds significantly to the cash burn rate. cents thinking it couldn't go much lower after last CR. I bought at 1 cent thinking it couldn't go lower. Now I am buying at 0.8 of a cent and thinking it cant go any lower and it already did!
 
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