I think the $375k of book revenue does not actually mean it’s guaranteed revenue.
Cro had money in booked revenue that came to zero.
Cro signaled $75k came into the bank account. That’s what you can bank on.
Anything else may or may not come.
Pipeline, booked revenue, contracts, customer engagements. What does it all mean??? What is booked revenue mean? What does customer engagements mean?
Current quarter Cro has $569k as at 30th June.
Next quarter expenditure $1.5m
Looks like cash is needed quickly. Hopefully a few contacts.
Anyone thinking of a cap raising coming? Wonder the price?
CRO Price at posting:
4.0¢ Sentiment: None Disclosure: Not Held
