The quarterly report looks o.k. with revenue increasing year on year and quarter on quarter. It should be noted however that this is following a big decrease in revenue after Q2 of this financial year (Approx 1.5 mil). This is a result of the search business seeing a sharp decrease in revenue after this reporting period. The report mentions that revenue for this business segment was not sustainable. Has anyone any ideas exactly what the co. mean by this? Seems like the previous management were doing something sus here. Also the loss for this quarter seems pretty high. Perhaps as they said as a result of one off costs associated with bringing the business back to profitability. Will just have to wait another 3 months to find out if the new directors can come up with the goods I guess.
ANH Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held