M7T 2.14% 71.5¢ mach7 technologies limited

Agree a good quarter, however I'd suggest it would be premature...

  1. MJS
    2,274 Posts.
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    Agree a good quarter, however I'd suggest it would be premature to think $1M positive op cash flow is the new base and it will grow from here.

    They previously indicated that payments from some large customers had been expected Q1, however only received in Oct. Also the University of Vermont Medical Centre started this Q and some income from that won't be recurring. Refer their 31/10 update.

    In short, certainly a good quarter however I hope the market isn't disappointed and sell off if Q3 is weaker as I suspect it will be.

    MJS
 
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