1PG 0.00% 16.5¢ 1-page limited

A journey to the north - 1pg ($1.20-1.50), page-4

  1. 34,304 Posts.
    lightbulb Created with Sketch. 9000
    • Tax selling season is ending Tomorrow.
    • UBS is "gone" as sold most of their holding last week
    • Fidelity and Harbour Asset Management collectively invested in $81m for 26m shares (average over $3 per share), they still added more shares over last two months.
    • One new holder bought 7.3m shares at 50c from UBS last Thursday
    • CEO gave 2m shares back to the company and reduces her pay
    • Cash $41m as at 30 April 2016
    • Enterprise value: $26m
    • Monthly operation cost reducing to below US$1m
    • Annual bookings as at 30 April 2016: $4.8m
    • Share price drops 92% from $5.69 in September 2015 to today's 43.5c
 
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Currently unlisted public company.

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