PEB - Pacific Edge Ltd

[OldGuy]

But OldGuy - you missed this bit -

Total Laboratory Throughput of 5,622 tests, up 72% on pcp due to growing commercial sales and new User Programmes

you should buy some then, winner

[winner69]

you should buy some then, winner

Maybe when they get to 'tens of thousands' .......a month

[trader_jackson]

Good results, looking forward to what should be a great 2nd half, for me, the operating cash flows say it all... outflows barely increased as a result of a 232% increase in receipts from revenue and grant income, while laboratory throughput has nearly doubled from 1H16 (but again, these key numbers still won't be good enough)... revenue outgrowing expenses in a big way, and $14.6m cash on hand (who was scaremongering with the capital raising again? )... oh and they are doing tens of thousands of tests a year

[skid]

But OldGuy - you missed this bit -

Total Laboratory Throughput of 5,622 tests, up 72% on pcp due to growing commercial sales and new User Programmes

is 72% more of a little ,equal to alot?

[winner69]

Receivables increased to $6.4m - whatever that means

[Meister]

and $14.6m cash on hand (who was scaremongering with the capital raising again? )...

Loss has been $6.4m, $9m, now $11.5m for the last three halves. Do you think $14.6m cash on hand is enough?

[blackcap]

Thats a terrible result. Revenue of $3.8m (slowing down) and a loss of $11.5m. Can't last much longer without another cap raise or something....
And then there is the increasing receivables...(from $4m to $6m) mind boggles.

12. GOING CONCERN
While the Company continues to incur operating losses, the Company remains solvent
and continues to meet its debts as they fall due. The cash flows are a critical part of
ensuring the business continues to operate in line with the business strategy adopted
by the Directors. In preparing the financial statements, the Directors have applied the
principles of going concern on the basis that current cash reserves and its ability to
generate cash will be sufficient to meet its debts as they fall due for a minimum of
12 months from signing the financial statements. Given there is uncertainty of future
cash flows at the date of signing these financial statements, a material uncertainty
exists at that date.

[Schrodinger]

Discounted cap raise @$.30?

[skid]

Good results, looking forward to what should be a great 2nd half, for me, the operating cash flows say it all... outflows barely increased as a result of a 232% increase in receipts from revenue and grant income, while laboratory throughput has nearly doubled from 1H16 (but again, these key numbers still won't be good enough)... revenue outgrowing expenses in a big way, and $14.6m cash on hand (who was scaremongering with the capital raising again? )... oh and they are doing tens of thousands of tests a year

Thats the direction they are heading TJ (cap raising)---Meanwhile USA is in turmoil in terms of making decisions on healthcare

[Schrodinger]

To be fair this is common statement but the message is that they either sell more quickly, reduce costs or ask for more capital.