The key positive is that the Carpet Court deal proves the product is meeting a need. If you put aside the various broken promises etc, the recent revenue growth is promising. They just need to keep it up, and get those costs down. If they can use the momentum to get another large franchise model over the line then that’ll help things. I’m still unimpressed by the numbers and how management have carried on to date, but perhaps there’s some glimmer of sunlight. Cheers
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-100
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