Ann: Half Year Report, page-142

I agree that the report was far from spectacular and the cash burn was concerning high, enough to warrant me reconsidering my investment, but after some thought I have purchased some more shares as I believe in the long term prospects of the company.

This conclusion is based on the fact that since the HY'14, they have had to manage staffing of the new production facility as well as put in some effort in marketing to ensure that there is continual uptake. I admit that the increased revenue between reports is paltry and hardly justifies the increased expenditure, but the fact of the matter is CC is still in its infancy in terms of market penetration and you simply need staff to operate your production facility if you want anything to sell.

Basically, if you need a minimum of X number of people to produce a commercial quantity and you are only just getting your product on the market, it's common sense that your revenues won't match the expenses that you incur hiring staff. I assume and trust that management are operating on the minimum number of staff required to produce high quality commercial quantities of CC.

Also, comparing HY'14 and HY'15 is a hard thing to do, it's like comparing apples and oranges right now if you look at the facts.

At the end of the day I could be wrong, but based on the past, I believe that management has done its best by us so far and are still continuing to do so as they try to generate shareholder value. After all, they too hold a significant number of shares.

TL;DR I thought about it, and bought more. I'm trusting the facts that made me invest in AHZ in the first place.

There's the end of my late lunch break rant.

Disclaimer: I skipped eating to post this as quick as I can, apologies if it's incoherent