Awaiting results... Things could get passionate today... 9 or 9:30?
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Awaiting results... Things could get passionate today... 9 or 9:30?
Look at the cash on hand...
...CMS & VA long and drawn out process (uggghhh!)
Looks good to me... what does everyone else thing? Bad, Ok, Good or Great?
Better than Edison.
2.5 mil in trade receivables as an asset would change to cash on hand if they got paid. Now is that Medicare or what. That is roughly 5000 tests unpaid as yet. Gone up quite a bit too so lab throughput obviously on the rise.
Not too shabby, IMHO
Disregarding the earlier battles about who said what about how many tests the overall picture looks pretty positive to me.
Sales revenue up from $145K to almost $2m is certainly trending in the right direction. There's still a long way to go though to reach the $100m forecast in the 5th full year of trading - and no indication of when the clock starts ticking. When is the first full year of trading?
New products, new markets, new commercial initiatives, a team of sales people active in the US - what's not to like?
Only question is how much more cash they will need and when.
Almost everything available at 73cents this morning is gone - looks like SP could move a bit higher.
Yes I think a capital raising could be needed end of the year, but they are still progressing dramatically... Who knows, maybe they could be like Xero, where just as questions about cash are beginning to creep in, they suddenly get a huge injection of cash from someone...
Do not forget the trade receivables of $2,584,000 which I suspect are sales invoiced but not paid.
Actual sales of $1.9m, I thought the consensus was for $3.2m? (or was this for overall revenue including grants etc?)... commentary/presentation looks good and they continue to reiterate a 100m target is achievable
12m cash quote from ODT was therefore number 2 interpretation in my earlier post (12m was set aside for marketing)
Research Grant income a significant portion of the income line, BUT, a nice lift in receivables meaning some of those agreements are gaining traction. And Medicare WONT be included IMO (they didn't last year, so wouldn't change that without a note to accounts)
I see the only change in accounting policy is to accrue the Research Grant, rather than count when cash received, however, they state the difference is immaterial
Average result IMO but progress. I'll buy into a CR is there is one.
The buy orders are flowing in...
Ive got no link on anz --could someone kindly put it up?
go to NZX skid - there are 4 items
Does anyone know if there is a conference call we can join? If yes, can you please provide the details. Thanks :)
Seems to be a few people that don't have patience (as in a few people jumping on the bandwagon to sell)
MAC will be happy with this. Will validate his DCF valuation.
Where is MAC?