The last Q raised some qs as to whether EXL will have sufficient cash over the next 12 months. With forecasted expenditure of $12.3m, I'm expecting a cash position of $12-13m (June'18) assuming sales grows another 15-20% on the last q. I'm a big believer in EXL, and it could IMHO become the first Bil dollar MM asx stock, but there may be another raise later year if they plan to make more investments.
Accumulating.
Ann: Quarterly Report and Appendix 4C, page-95
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0.4¢ |
Change
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Mkt cap ! $6.605M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $2.103K | 475.4K |
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| No. | Vol. | Price($) |
|---|---|---|
| 17 | 7670493 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 924824 | 4 |
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