I for one will not be putting my hand into my pocket and increasing the risk exposure in my portfolio any higher to fund the purchase of any more shares in this company until the directors prove to be capable of clearly communicating to the market, and consistently following through on a business strategy. This quarterly has not satisfactorily explained what happened to the revenue of $4.2m in the previous quarterly - have those subscriptions simply evaporated? Are we now no longer doing those kinds of transactions after all the money that was sunk into pursuing those customers? They were supposed to generate ongoing revenue with little additional cost. The directors need to take a substantial haircut on this.
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Open | High | Low | Value | Volume |
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1 | 50000 | 0.165 |
1 | 50000 | 0.160 |
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Price($) | Vol. | No. |
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0.185 | 52656 | 2 |
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