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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-176

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  1. 396 Posts.
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    I was there at the AGM and can confirm @Winner55 has summarised fairly. As an investor from about six months about at an average of 6c I am holding, and possibly buying more once the market stabilises which could lead to a share price of 3c. The reasons for my confidence in the long term of the company and the share price is that it is continuing to deliver good growth, i believe Adrian is genuine, I think the strategy to get into India and go global is a good one. I do think Adrian needs to underpromise and over deliver to improve retail investor confidence, but in the end the numbers will reveal reality, and the potential outweighs the risk for me. Attending the AGM and asking questions of Adrian and seeing how he responded has given me more confidence than before, and if there wasn't the probability of further market declines I would be doubling up now. however as mentioned I think the price could go lower before it goes up over the next few months.
 
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