The market wanted higher cash levels. The shouldve made comment regarding the current cash position. It would have made all teh difference IMO.
On the positive side, how about the SP resilience?!
13m shares changed hands today and we are still higher than 2 weeks ago. Once the market gets time to absorb this announcement and perhaps the company clears up their pending cash receipts, the SP will continue on its merry way.
This is ridiculously priced. 45m profit (after expensive $4.5m for the options) on 65m revenue. This is crazy. Just need to ease the market's concerns.
Cmon NBS, the market wants to support you. People want to believe this is real. Give us some more info on pipeline value, FY2010 guidance and cash receipts.
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