MOB 0.00% 6.4¢ mobilicom limited

They have $8M left in the bank are are burning $1.1M a quarter....

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  1. 2,671 Posts.
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    They have $8M left in the bank are are burning $1.1M a quarter. The revenue growth is anemic. They need to give guidance to the market of 1. Projected revenue growth for CY 18 and where the revenue is coming from. 2. What grants they will receive in 2018 as part or the revenue. 3. Cost base for CY 18. 4. Anticipated month they will break even. Currently the market has no idea of the future profitability of the company regardless of the deals being announced and the fabulous tech. It's the "show me how you are going to make money and when you are going to make money" . If they don't address this issue and have no promotion or engagement I can see this going lower.
 
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Currently unlisted public company.

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