ijudge said:Just a quick note
cash at end of financial year = $2.976m
cash raised from seven network = $26.282m
net = $29.258 (ie end of year plus seven network)
Recent Announcement current cash at 20 Nov 2006 = $25m
this means in the 4 months 20 days LOSS = $4.258m
covert this to 6 months = $5.4m LOSS for this 6 months
really pretty much the same as previously
MORE SUBSCRIBERS DOES NOT MEAN MORE PROFIT
think carefully about this one
ij
Thanks Iijudges,
Did you do by any chances the same comparaison on FRE ? As I am expecting them to be in a similar type of situation but their sp keeps rising