I am thinking SP will consolidate for a while. I am expecting that it will bounce around between 15 and 20c based on supply. Once sellers have all dried up then am expecting a leg up to about 25. Next jump after that will be after the 4C.
The cashflow in the Sept 4C and revenues described for the same period in the operational update ann (319k revenues vs cash receipts of 667K in the 4C) did not correspond. Maybe due to deferred revenues??? I was hoping to clarify that before topping up more. I am sure like I many potential investors are waiting for a bit more clarity on K2Fs position re profitability. Once we have a good 4C it will be up to 30-35c imo.
Of course that is assuming no more new contracts ANNS etc. SP may be even higher.
Hopefully H2 FY18 the SP will start to move more consistently within a channel rather than large jumps upon every positive announcement. But I shouldn't complain while SP is powering. The outlook is very good for K2F.
