It's good Geoff Daly is taking action to arrest a slump in PeriCoach sales.
The March 2017 Quarterly reveals Receipts of $45k. That's down 48.9% on pcp.
Worse, Cash Burn was $855k - a $1m+ reversal on the pcp's Net Cash flow of $189k.
Daly's key challenge is to drive the Cash Burn down so as to avoid the early need for another CR.
It's good Geoff Daly is taking action to arrest a slump in...
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