RE:Results No price target reduction at RBC - believe that the track to ebit positive in 24 is on target. No mention of cash and new financing, RBC believes that what they have on hand & available will carry them - strikes me as optimistic on the cash ends
Puma1back wrote: Operations were running about -$6 million a quarter for last few years so -$2.6 million is a pretty substantial reduction.
they were sitting on only $3.5 million end of March but I believe that they still have bank lines open & availabile.
presumably price targets drop given continued slump in digital advert space