Ok, there's no doubt this is a terrible quarterly..
However, let's try to break down the numbers a little bit to put things into perspective (with some guesswork)..
June Q = A$761k revenue (possibly $700k attributable to Thor) Sept Q = A$884 revenue (with drop in revenue from Thor due to contract renegotiations) ---- If we assume (yes assume) $500k from Thor, that's $384k from ohm Dec Q = A569k revenue (with not much attributable to Thor) ---- If we assume $150k from Thor (ie. December only), that's $419k attributable to ohm
Note: Thor revenue is supposed to be around US$100k per month now so approx A$150k, & was previously US$124k per month.
Obviously a lot of assumptions, but it is possible that ohm revenue has actually increased Q on Q.
BUD Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held