seems there were some delays in accounts receivable, which has given them a loss, where they were expecting a profit, but, they have said in the 4c, they are adressing the delays.
The market pushed this one up to a dollar recently, shows how much interest is sitting on the sidelines.
Nothing to my knowledge changed. I phoned the company last week, and although i only spoke to a consultant for the company, he was of the view, that it was just the delay in the company turning a profit, which has had that money reducing its position.
The upside, is those receivables would then come in the following quater one would think.
cheers
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