9SP 0.00% 2.0¢ 9 spokes international limited

Ann: 9 Spokes signs new contract with RBC, page-11

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  1. 238 Posts.
    lightbulb Created with Sketch. 22
    No, the cash burn was only reduced by 900k

    Total estimated cash outflows for next quarter is stated as $5,45 Million NZD

    So they have 2 quarters of cash flow left.

    I think long term this could come good with their current expected revenue, but that cash burn is ridiculous and needs to be sorted ASAP
 
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