Good posts guys. With the spend(which was a surprise to me), it does look like a partnership is on its way. But we can't set ourselves up for a disappointment. And that's hard.
WE can't expect CC sales to explode all of a sudden in any of the next four 4c and I only say that because the past growth from the start of CC sales to now has been good in centre numbers but not so outstanding in cash receipts.
One good thing is, going it alone selling CC has done better than the partnership in MENA .
If the sp starts a nice uptrend after consolidation people will buy into the stock and add to positions do doubt because clear direction is evident in the sp.
I reckon buying now is fairly safe, and safer if the sp dropped below 6c, but i doubt it dropping below 6c.
Either it's that, or buy at 70/80 or 90c+
All depends on risk appetite, funds available to invest and average cost of ones position
Mine personally is below 6c and Im comfortable with my exposure in terms of amount of shares. If it drops below 6c I'll add, same if it drops below 60c after reverse split. Im happy to wait and see because the cash spend is high in comparison to cash left and its obvious that cash will not last another 12 months
Just have to wait and see what unfolds. High risk so buying at the right time is very important.
AHZ Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held
