My feeling is that people are getting impatient and were expecting a profit to be announced in this annual report. I was thinking there would possibly be a small one in the half yearly, but "one off" accounting practices canceled that one out, as they have again this time around. As more aquisitions are made, more of these "one off's" will occur, but certainly it would seem from the large increase in projected revenue one would hope that next year sees some actual profit.
If you are thinking of buying could be an opportunity early on Monday. I'm expecting a bloodbath on the XAO after the us on Friday and if there is I'd expect CMO will take a hit.
Tony.
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