The new asx rules are partly why you get such a wide gap in guidance. Must be crazy conservative these days and maybe that’s not a bad thing.
The receivables number is because of the billing cycle. That money will hit any day imo. They have stated that revenues will grow and I think that issue is over. That must be why they went on record as making a profit and if Telstra is paying you, why worry about getting paid.
The company clearly must have some chunky stuff in the pipeline for them to think they can have a swing at that number. They are making serious progress and the product is for many business segments. I’m sticking around myself to see how things grow over then the few months. I will also be looking for updates as things go. Dyor
CRO Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held