Management told us that new contracts and a M&A was close and we have since signed with Monash and made an acquisition.
If anyone has read into their talk saying they would be focusing on marketing and sales to mean they would sign up new customers within a few weeks or months then unfortunately you were just being naive about the industry and sales process. It takes longer than that and management should not be blamed for incorrect assumptions people make.
We have been updated again today to indicate all is on track as communicated, I for one am happy with that.
ALC Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
