Anyone checked out the quarterly report? Looks pretty good:
Highlights
Net operating cash flow for the quarter ended 30 June 2007 was $214,623, up 40% on the previous quarter. Year to date net operating cash flow was $1,147,953, up 163% over the previous year.
Total cash increased by $207,223 during the quarter, with the business retaining $2,322,062 cash on hand at 30 June 2007. This was in line with Directors expectations.
Seem to be tightening things up well and it's showing through in the numbers now.
10:1 @ 0.02c rights issue coming up, record date was yesterday. Anyone taking it up? My holding is not large so not really worth it. May pick up more when the market gets back on this. Having a break at the moment but I would expect it to come back again soon. Keep an eye on it, maybe not in next couple of weeks perhaps a month or two depending on if we see any news which could start it up.
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