Ann: Sales Commence in the Australian Construction Market., page-162

I'm looking at this in the context of the discussions that are likely to have occurred leading up to this announcement.

I imagine there's been a flood of vocal (and probably some insulting) emails received by the company from shareholders.

Suspect this would have put some pressure to provide (alongwith the next announcement), some additional commentary to comfort shareholder concerns previously voiced.

I am imaging an email from NC to his sales team asking what could be offered in the next announcement. Enter the update that we now see in print.

Should be treated as such - this is our announcement, and heres some further commentary what we presently expect to see, heres an update on where we are with licensing.

It reads to me as good to know, with the caveat that nothing is confirmed, certainly not if its just an update on what the company presently understands and is subject to change.

My bugbear is there are too many invested in small caps that really shouldnt be based on expectations and temperament. Announcements such as these that slip originally expected timeframes are par for the course at this end of the market.


Sadly from AJX's perspective, damned if you do, damned if you dont.