Ann: 1st Half FY19 Results Announcement, page-13

I don't really want to bag his stock because a mate of mine is in it and the potential is there with Microsoft.


But do the math. Expenses / Revenue.



Last year it cost them $2.3 to generate every $1. This year it costs them $3.9 to generate $1.



The cash burn is getting worse not better.



Contractors increased from $600k to $9mil. $9 mil in Employee benefits and over $2mil in travel and entertainment. No notes on this provided in the Profit and Loss.



In my opinion it has been a Sell for some time.