If the emi is granted, and I expect it should be based on dialogue from the company then yes there will be some gain on the current sp. But we need more than that if we want a stable sp with a new higher low formed. This up and down from short lived peaks to our traditional base at 1-1.1 is not company making performance.
Demonstration of the uptake of products and meaningful revenue will resolve our sp performance.
After the emi we are in a make or break situation as that will be the time we where should be picking up the majority users who plan to take up PIL products, as time goes on market penetration will naturally diminish. I hope and expect that management have a plan to ensure the app based products are well supported. App users are always once bitten twice shy and rarely look back.
Q4 results are critical from my perspective.
At these prices my sentiment has changed to buy!
Merry Xmas all, be safe!
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