ESN 0.00% 1.6¢ entellect limited

Wierz - I was quite interested when I read their response saying...

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  1. 688 Posts.
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    Wierz - I was quite interested when I read their response saying these are one offs, as the cash burn this quarter was similar to other recent quarters.

    That said they have been continually enhancing Kneoworld so it is not unreasonable to have development costs. Whether this is a normal amount of money they have spent doing it or not is hard to judge without knowing what is under the hood.

    All I know is that if they don't start to improve the return on this cash spent I would struggle to see investors flocking to back the company to spend more.
 
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