"P3 looks like it will be cash positive possibly the first...

"P3 looks like it will be cash positive possibly the first quarter next year imo"

I do not think this will be the case due to the below... and to be honest with you if it isn't I would not care if they arent cash flow positive (reasons at bottom):

This statement was specifically made, i think just being cautious
"Investors should be aware that revenues are not indicative of overall financial performance or profitability. Full disclosure of the quarterly cash flow for the December 2017 quarter will be released in January 2018 as per ASX reporting requirements"

Secondly, take a look at previous quarterly... lets assume that they can pull off 700k in revenue (I am hoping slightly more), this will possibly only translate to around 600k in receipts woulbe my gues.. now compare to staff cost, admin, manufacturing which will go up (as they were building inventory) and also costs of setting up new offices... I cannot see it being cash flow positive net quarter:



I would be more than happy for this baby to keep burning a few hundred k of cash per quarter IF they are continuing to get revenue growth or chase a significant long term opportunity (cough cough... gas)...

As long as they keep growing and costs are contained... I am one happy shareholder.... compare this to something like RBO where growth is expceptional.. but have no idea how to control cash outflows... (3 CR's in 6 months).

Well aware we have already had 1 CR with this company, but I think they went about it the right way... that is growth was there (in terms of sales, new acquisition and more offices) and at a significant premium to IPO price.

Cannot complain to date how this baby has been run... EV is still very good from my point of view.