Ann: Intiger Market Update, page-192

In the weeks leading up to 31 May, I was very optimistic Intiger would sign with CBA.

Intiger had its ducks in a row, the Philippines office was burgeoning and I really thought the time for change had come.

Intiger had “met or superseded stringent targets as set by CBA”.

In correspondence with PC, he was forthright in accepting Intiger had failed to judge the FP industry’s willingness to embrace change.

The evidence suggests Intiger has the product.

As GoArmy highlighted, there was a lot of selling in the week before 31 May, suggesting that news of failed uptake came late.

As BOZ highlighted, the restructuring has been slick and the estimated company outgoings heavily and efficiently reduced. (400k for next quarter)?

One has to work very hard to read anything worthy on Hot Copper now. It feels like “The old man and the sea” by Ernest Hemmingway. Our large marlin has been shredded to pieces as we edge closer to shore. I feel very dispirited that I bought into Intiger, but given my extensive research, I can’t regret it. I’ve always said I’ll go down with the sinking ship on this one.

I do feel that, after restructuring, a quarter or two will be required to elucidate the way forward. I just don’t think it’s got the legs tho.

Gamechanging product anyone?

WB