not expecting much from the qtrly, page-29

  1. 5,980 Posts.
    lightbulb Created with Sketch. 96
    10 thumbs already to you for you as I type !

    Just in case others do not recall your post of 15/4 that I rightly questioned , it is copied in on the bottom of this post.

    I note when I took a look for this post , you have also quoted $3 and even $6 in more recent posts as targets .

    What for ? Surelty you cannot believe that is imminent any time soon on current numbers ?

    Were you really selling at 1.45+ when you kept telling me how misguided I was for thinking the stock was overbought and suffering from irrational exuberance when I sold at 1.30 .

    My view is forget the presentaions and broker reports and get the business generating revenue .


    If as your last post mentioned you have made more than 50k plus since the post can you explain how the price was $1.30 then and today it is 1.28 .

    All i can think of either you are full of c.. or you have agreed with me and reduced your position on the hype and bought back making this 50k + profit you state .

    Your post of 15/4

    thanks slick!
    commissioning very soon ( a couple of weeks.
    Big insto support after that.
    Price $2.50 in 1 month to 6 weeks IMO .

    One last question

    Can you explain one part of the quarterly for me ie is in regards to the next quarter expenditure of $4m .

    What is this actually for , and does that mean cash will be sub $6m by June 30 , or is that the cost of commissioning Geelong and it will actually quickly turn in to cash ?


    --------------------------------------------------------------------------------
    My "baby elephant " stocks MHM, ESI
 
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