well... I wouldn't use the same words like excuses... were you on the FY results webinar ..?? Mark and Sachin said they have no merger/acquisition they are considering and are very happy with the suite of products/services they currently have... so no raising even being contemplated ... and if they did.. I would agree with you... they need to get some runs on the board re profit particularly.. I have fired off an email to their investor relations contact to ask management for details (if possible) re cost reductions after all set up costs spent and to see what the CAC is for contracts from internal sales force and the same info for low cost GPP contracts... should I get them I'll spread the news on here.. Mark and Sachin are apparently travelling at the mo so may be a little while until I have something...
otherwise lets see what comes out in the next trading update before end of July... would love to see a decent positive cash flow number which should end up meaning same for profit... and continued sales growth... stay tuned for more exciting episodes...
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