RE: Cash burn16 Jun 2020 11:19
Cant believe 2019 results say revenue was A$32Million yet they made a loss of A$41.2Million for the year.
burning through A$72Million dollars a year...
Due to supply issues and Covid, that revenue will be largely discounted this year....
Bet the cost cutting doesn't match the loss in revenues.
How much do people think we will have cash wise July 1st 2020? I'm guessing < A$20M
That will run out sooooon at their rate.