I think we would all hope those numbers are still achievable but on the sales side alone i just cant see how as there have been absolutely no new sales contracts in this financial year unless i missed something?
At the end of FY16 they said they had $4.6m of recurring revenue, same as they said in Feb....... sooooooo if the revenue in the first half of 17 was $2.6m then thats only $0.3m more than the already won and declared recurring revenue (presuming it was spread evenly)........ so with nothing new won in the second half then how on earth can they still be on target for $9 - $14m?
Dont they have a duty to declare if they are going to miss target? Dont they have a duty to declare any material contracts they win?
Im stumped.... what am i missing?
How bad could it be.......?, page-3
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