I also believe that we will see an increase to the expense line in the quarterly report. Given there should be increased expenses involved in the now active auto business in China. Add to that probably high advertising cost for the payments business. They have previously stated that most revenue increases from payments business should fall to the bottom line though as there isn't much increae in cost to scale that up. My guess is expenses will rise to around $1.5 m this quarter as a result.
I agree that a share consolidation could be on the cards. With a share price sub 4c and 2.2 b shares on issue I wouldn't be suprised to see up to a 1-20.
SMA Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
