With annualised expenses reduced by about $4 million, together with increased sales means we continue to anticipate that the second half of this year will be cash flow positive. Achieving that will be a significant milestone for the company and augers well for future growth to be achieved.
We are planning a sales drive into the important North American market where our applications are extremely relevant and where we believe we have large sales potential. This work has been built on earlier surveys and is being carried out in conjunction with AUSTRADE.
ASV Price at posting:
0.0¢ Sentiment: None Disclosure: Held