OPN 0.00% 0.6¢ openn negotiation limited

General consensus is that there is a very positive future ahead,...

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  1. 465 Posts.
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    General consensus is that there is a very positive future ahead, however I think it's important to also be mindful of where we are currently at (not just where we are going). Based on the Sept qtr 4C, estimated cash reserves will be $1.28m come end of December. Extrapolating the FY18 quarterly operating cash requirements to date of approx $1m/qtr, without substantial revenue hitting the bank account I become concerned about OPN come end of March 2018. Could we see another cap raise on the cards? Second half of FY18 is going to be interesting for OPN.
 
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