I think your gut is spot on..
But i also think they are heading in the right direction. They did have $474,000 in recivables due just for the month of march so one would hope they've generated over a mil.. IMO the ASX crack down on how compaines report signed contracts has really affected CRO but once these issues are sorted and the runway cleared CRO will fly...patience is needed..
I think your gut is spot on.. But i also think they are heading...
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