@madamswer
On July 18th you wrote:
...because the company is not commercially self-sustaining and has finite cash resources, for milestones I am going directly to the pressure point, which is cash inflows.
To that end, I have set the following thresholds:
1. Cash Inflow @ end of December 2018: >$10m
2. Cash Inflow @ end of June 2019: >$25m
[*]
Depending on how the company is travelling relative to those milestones will determine whether or not I exit, do nothing, or add to my holdings.
[*] Note: these are cash inflow run rates at each period-end.
From the latest quarterly cashflow report, and from the new contracts that have come into effect during the current quarter (Guess, Cadillac Fairview), it looks highly likely that your 10m$ run-rate milestone will be achieved. And that is despite the cost base being reduced.
If, as you imply, you sold out in September when the cost base reduction was announced: isn’t it rational (according to your own reasoning) to buy back in now, with the SP 40% lower?
@madamswer On July 18th you wrote: ...because the company is not...
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