Boy did I cop some abuse back in Nov' when I said good news firmly baked in and cash burn is relentless....... never seen so many moderations.
Remove that Tax rebate of $2.5 mln and 1.6 mln in grants and it's terrible.
Then look at the revenue and their forecast for next Q expenditure of 3.7 mln with 2 mln in salaries...."Giz a Job "
Those who bought into the CR at 60 cents will get impatient plus now major concerns for another one soon.
Never mind the competition is now advertising on Sky T.V.
FZO Price at posting:
55.0¢ Sentiment: None Disclosure: Not Held