IVO 0.00% 2.5¢ invigor group limited

I suspect thing that's probably holding people back is the net...

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  1. 8,420 Posts.
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    I suspect thing that's probably holding people back is the net operating cashflow trajectory isn't yet trending into positive territory. Having increased staff & working capital costs to around $3.5-4.0M per quarter a year ago, revenues also lifted around the same time, but are not growing enough to eat into the operating costs:

    2017-02-09 IVO cashflow graph.PNG

    Maybe a couple of quarters showing revenue going up another level while costs kept in check will do it. Based on the above my guess if we see the SP picking up much its actually getting ahead of itself on a valuation basis so some more patience will be required. But at least the graph does show revenue trending in the right direction.

    Cheers, Sharks.
 
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