LAA 0.00% 5.9¢ latam autos limited

Ann: Investor Presentation, FY15 Results, page-3

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  1. 26 Posts.
    I see it as really bad. Just another tech company losing money. Pox on my speculative skills on buying this company's shares.


    They are basically losing $4m per quarter (operating & investing cashflows). With a cash balance of 16 million, basically they've got 12 months cash only. I am expecting a debt / capital raising coming up.
 
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