Xhosa12345
Regular
If its so so, the shorters are gonna short the fk outta brn I hope it's great, perhaps more than 5 mill of cash inflow
5M on low side, maybe 8 to 10M on high side - thats my punt.
2.5M in trade debtors as at 30 June, plus 1M in research tax credits on the balance sheet - so if they collected all that, its 3.5M
and im hoping they have at least 1.5M in cash received from license revenue coming through also
i really wish the ASX rules stated that quarterly accounts are released on an accrual basis also, but we'll just have to extrapolate and guess as best we can what the true accrual revenue for the quarter.... which wont be proven until next quarter.
Anyway i'll be happy enough with $5M, and stoked with anything higher.
remember its in USD also, so times that by 1.5 to get to AUD!