Ann: Appendix 4C & Quarterly Activities Report 30 September 2017, page-6

feel like i should quantify my decision.. this was one of my fav stocks on the market for quite a while but i'm struggling to see it in the same way after recent updates..

- last qtr they were guiding to product manufacturing costs of 5.5m yet they only did 3.7m (which directly relates to revenues), so to have them now say that they see strong growth ahead, i can't really take them on their word given they were off by almost 40% when predicting revenues 3 months out

- admin/corporate costs up over 250% qtr on qtr - previously running around 100k per quarter now @ 370k

- research/development expenses still travelling higher, up 20%, on what was already one of the larger quarters of the year last quarterly

i guess they are guiding to materially higher manufacturing costs next q (which should mean higher rev) but I don't know how much faith to place in that number, given what happened this q

anyone else have any thoughts?