MYQ 3.13% 16.5¢ myfiziq limited

Unfortunately the ASX doesn't care if revenue forecasts are...

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    Unfortunately the ASX doesn't care if revenue forecasts are missed. They only care about cashflow issues and going concern.

    The market is what treats/reacts to failed targets. Mostly why the downtrend started from 70c+ when they released these projections.

    Every way I look at it, with where they revenue is now, cash burn and certainty they'll have to continue diluting, it is guaranteed to go below 10c.

    That's not even considering the technical (discussed in the chart thread) that are extremely bleak and negative too.
 
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