Please correct me if I'm wrong.
Sales for h2 = 2.9 - 1.8(4c from jan) = 1.1mil
Operating expense in q3 estimated at 0.6 (conservatively x2) = 1.2 for h2.
so most likely net cash outflow from operating activities of approximately 100k leaving a cash balance of about 2mil.
Doesn't inspire confidence. Likely eps negative still...
What sort of moat does XTD have? why has apn done a deal and not just do what xtd does? Why would anyone buy XTD when they can just develop what xtd does?
Thanks for the help - just doing a little research as I like the macro obviously.
XTD Price at posting:
8.5¢ Sentiment: None Disclosure: Not Held
