I have read the last ann and I was in a way very disturbed with the this company is performing, I am a shareholder and of course I am very concerned as may of you are too.
There I could see some good things in the ann and I would like to mention them here briefly
Quote
“Network Services
Despite the lower than expected actual results in December Quarter, the major
project opportunities that the company has listed are significant, with a number
of project decisions delayed until early in 2007. The company continues to gain
contracts for new and re-newed maintenance services. The sales revenue will
improve if any of the major project opportunities are confirmed
Beam Communications
Beam exceeded sales expectations during the quarter and continues to develop
new opportunities while working closely with existing major customers, such as
Telstra, to secure significant orders in the coming 6 months.”.
Unquote
For StratoSonde Divestment, I think someone at TEE has to put their pants better and got stronger on this deal by sending NOTICE of terminating contract (if any current contract) if they do not pay full amount within 5 working days from today or something on those lines.
For the Financial outlook, it was said that:
Quote”
company evaluated all existing fixed expenses and
business development programmes and any non-essential activities which did not
have an immediate positive impact on the business were deferred.
“ Unquote
Additionally, they said that they are reviewing all sections of the business with the intention to restructure the groups to produce a more efficient and reduced cost base, and provide improved new product and market focus directly related
to profitable areas of the market.
All these sounds perfectly ok and if TEE delivers those things, business and sp value will improve for sure, BUT What we all shareholders need is do demand for actions:
1- we need to know ASAP what is going with the restructure, we do not want more talks and rubbish, we need ACTIONS and we need them ASAP, even better within the next two days at the latest.
2- We need to know who is going and who is staying.
3- We need a report where all the savings are clearly listed.
4- Also very important we need a description of the new way of operations after the staff cuts so we understand who will be doing what and who would be accountable to making this company work.
I have enough of the bulsh----it, let’s us know what are the changes and when they will be implemented, also when are you goiing to be able to close a deal, we have seen nothing new for long time.............shia----t.
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Last
4.3¢ |
Change
-0.002(4.44%) |
Mkt cap ! $12.00M |
Open | High | Low | Value | Volume |
4.4¢ | 4.4¢ | 4.2¢ | $27.90K | 650K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 0.042 |
2 | 395121 | 0.041 |
1 | 200000 | 0.040 |
2 | 136575 | 0.039 |
1 | 101000 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 150000 | 1 |
0.046 | 270611 | 2 |
0.050 | 500000 | 1 |
0.052 | 290000 | 1 |
0.054 | 154286 | 1 |
Last trade - 15.39pm 12/09/2025 (20 minute delay) ? |
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