Australia's largest stock trading and investment forum Australia's #1 stock forum

SCT scout security limited

0.00%

0.7¢

Nah mate you’ve got that wrong. They had just listed last August...

First 4 Last

Share
Profile

Follow
DreadPirateRoberts

432 Posts.

31

05/04/18

13:28

Post #: 32242579
Share

Originally posted by bruutz82 ↑

Actually it isn't really - If you look back at Scouts previous quarters (specifically September Q) Scout did $440k in receipts - so as compared to 6 months ago the $409k they made this quarter means Scout is going backwards in receipts or at best sideways whilst burning generally more cash than expected (between $1.5m to 2.5m per Q). This means Scout is practically out of money as last Q they only had $1.8m in the bank and they are now one Q later and burning around that amount per Q.

So it appears Scout needs another cap raise.

Expand

Nah mate you’ve got that wrong. They had just listed last August so the sept Q wasn’t a full quarter. Can’t use that for comparison.

SCT Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Dale Gillham: The smoking gun hidden in Australia's jobs data

LISTEN: HotCopper's Penny Drop Podcast #1 – Uranium deals, PFS misses, & an Ebola opportunity

NNL

Nordic Resources further extends gold potential at Kopsa North

Expert Exchange: Gold's record run (and a look at key risks) with David Sokulsky

KAO

High-grade copper & tungsten results strengthen Karibib opportunity

RRE

Right observes high-grade tungsten from Blue metallurgical sample

HotCopper Highlights, Week 29: Dimerix licensing, lithium, & a Mesoblast milestone

LISTEN: HotCopper Wire Podcast #052 – A big, juicy gold megamerger

PRU

Perseus pursues new growth opportunities at Yaoure gold mine

Australian resource exploration spending a 'mixed bag' on back of Middle East crisis

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Nah mate you’ve got that wrong. They had just listed last August...

Top Stories

Dale Gillham: The smoking gun hidden in Australia's jobs data

LISTEN: HotCopper's Penny Drop Podcast #1 – Uranium deals, PFS misses, & an Ebola opportunity

Nordic Resources further extends gold potential at Kopsa North

Expert Exchange: Gold's record run (and a look at key risks) with David Sokulsky

High-grade copper & tungsten results strengthen Karibib opportunity

Right observes high-grade tungsten from Blue metallurgical sample

HotCopper Highlights, Week 29: Dimerix licensing, lithium, & a Mesoblast milestone

LISTEN: HotCopper Wire Podcast #052 – A big, juicy gold megamerger

Perseus pursues new growth opportunities at Yaoure gold mine

Australian resource exploration spending a 'mixed bag' on back of Middle East crisis

Featured News