running over the last quarterly new management which took over in Feb 2018 has already slashed staff/admin costs by $613k for next quarter and by the looks of Outgoings they are also looking at increasing the sales to around $650/700k (IMO) ramping up sales/advertising/marketing, so cash burn rate is around $1.1mill / quarter, still plenty in the bank for at least another year before any further raising would be required BUT I do agree that next quarterly figures are going to dictate the direction of the share price.
- Forums
- ASX - By Stock
- It's all about sales
running over the last quarterly new management which took over...
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.635M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
RAN (ASX) Chart |
Day chart unavailable