Share
13,316 Posts.
lightbulb Created with Sketch. 168
clock Created with Sketch.
22/05/18
20:12
Share
Originally posted by cdchi1
↑
There's a Alan Kohler interview done with FZO out there, the most promising question and answer probably the following:
AK: Well you’re not burning that much money, I mean you burnt $7 million in the first nine months, does it look like being a sort of $10 million dollar burn for the year?
TL: Yeah, probably. It’s coming down a lot. I think people will be shocked when they see our quarterly for 30 June. It’s coming down quite rapidly as revenue grows and also we’re finding synergies in the businesses that were brought together. Certainly, our hope is that we’re burning under $10m for this calendar year and we’re showing market signs of pretty big growth.
Cdchi1
Expand
Hope to be burning under 10m for the CALENDAR year....cash burn too high for this one imho....growth yep...but CR very soon to come means I sit this one out...