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#ASX Announcements
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Last edited 2 years ago

*EDIT* thanks to @mmff *

Brief notes from the June Quarter Activities Report...I'm confused by the numbers.


Pos operating cash flow "for FY22" but only $20k vs -$97k from previous year (I got this wrong and forgot to mention the "-" )

Operating cash flow for quarter was only $4,000....yep, $4k...

Cash in bank of $2.23m at 30 June but looks like that was all from cap raises, not business profits.

Lots of talk about revenue instead of profit...pointing out that they are doing soft launches before scaling (ok)

Partnerships and programs progressing smoothly apparently

Supposedly investing into IP.

$80k paid to non-exec directors


Looks like another cap raise is coming, aiming for another $600k.



Overall, pretty bland but not necessarily in a good-boring way.



Disc. Held IRL but tiny holding really just looking for an advantageous trade out of it.