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Re: Whalatane post# 377300

Wednesday, 05/11/2022 7:19:27 PM

Wednesday, May 11, 2022 7:19:27 PM

Post# of 426573
Cash on hand went from $489M to $389M last quarter. Maybe this has been discussed already for which I apologize, but how did this happen? We lost $32M and increased inventory $33M - where did the rest go? So yes, I think WS has a very good reason to think we'll burn through cash before profits in Europe. I pray we keep it below $50M a Q because you know they'll do a cash raise once we get around the $100M mark.
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