I believe the company is limping towards trading again. WP and co have lost the trust of the shareholders by their actions or lack thereof. I am hopeful that with Star Brights investments, plus loan plus asset sales plus a rights issue we can get back trading. However as a mea culpa from management they should put in some meaningful skin into the game, WP and JS in particular. In order to earn our trust again they will need to trim costs quickly and finally I would demand that we have monthly figures on costs and sales. 3 months is too long a period with their track record. Reading the Australian at the weekend reviewing the darling status of Nearmap yet to make a profit and the high P/E of Promedicus the former with an expected P/E of 117 for 2019, it is about time that AHZ got to be cash flow positive and then enjoy a P/E of at least 50 and become a market darling. With our products and potential KP and co have to deliver soon or leave.
AHZ Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
