Ann: Half Yearly Report and Accounts , page-3

Being a long term observer of EFT, I must admit I'm somewhat surprised in the direction that they have taken, seeing the stock price lose 10 cents in the last 2 months or so, even more concerning is the price movement post December share price consolidation, going from 32cents to 13cents today

The excitement, or more explicitly the hope, that the reverse takeover that Club Telco generated seems to have fizzled out.

One must wonder if that the market views the current management lacking in the experience in running a public company, or even if the name EFTEL might be stigmatised from previous investors who have lost quite a bit under the previous management.

Maybe time for a re-branding, name change change of management to bring back some confidence in the company