Ann: Promontorio Update, page-31

Every time SP seems to hit rock bottom the co puts out another ugly Ann and it drops another leg. Sub-2c, who'd have believed that a few months ago when sophs and SHs scooped up shares for 3.8c?

EV of $16m now.

I suppose all the bad news now out, should be thankful for that. Not sure if there's anything positive in the pipeline that'll trigger a re-rate though. SP will prob continue to erode in the meantime.

What a stinker. One for the bottom drawer.