$ACB forecast of falling revenue for 2Q2020, after a fall in revenue in 1Q2020. "Little to no growth" for Q3. Mgmt admitted loss of market share. Says that 2.0 was rolling out "ok". $200M remaining for ATM funding, credit facility cut down to $140M, end of Q2 cash position will be announced in ER but $190M by end of Q1. Total operating expenses in Q1 stood at $130M. How sustainable is this? If they are simply doing "ok" and the constant unofficial reports of "product flying of the shelves" are true, then the only way both of these statements hold truth is simply that they didn't produce enough derivates?
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