RE: Inflection Point6 Apr 2025 20:18
I appreciate that every one is going AI crazy, it reminds me of the 80's when even razor blades were sold as 'turbo'. However, how is this not running on fumes. The interim results state it has cash at period end totalling $135,725. I have more than that in my bank.
I appreciate it has a few contracts. Recently the Company expects to recognise circa US$2.6 million of revenue for the first phase of a contract in its financial year ending 31 March 2026. Thats some way off. Is it purely relying on US grants to keep afloat until it commercialises a product. That seems extremely high risk in this current climate.
I note it does not seem to have placings, so one has to ask, why is it even on AIM. Try to get my head around if this is worth a long term investment. I'm not currently convinced, although well done to holders Friday.