QXL

Errol

They have only predicted when they will be profitable not next quarters results. I believe they will reduce cash burn significantly this quarter and then it will be a long hard slog to increase revenue to cover and then exceed costs.

They have not said they will reduce cash burn by the same percentage all the way up to breakeven, it is likely to be a large reducion and then a battle as they will not be able to reduce costs any more, or marginally.

So again why would they have to provide an RNS for a good quarter? If you have a statement by qxl as to expectations for this quarter please provide it.

MW