Ann: Appendix 4C - quarterly, page-16

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ozelectro

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01/08/20

11:11

Post #: 46235018
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Originally posted by Wilson4 ↑

Wouldn't the smart money have left on your last call at 0.002 on 26 March 2020 when you said it was going to be de-listed? 36 bags later...i'd be jaded to had I sold. This may not go to 10 cents straight away but it is considerably de-risked now being cash flow positive and consistently demonstrating growth with improving margins. Additionally, there are major opportunities like the covid sensor, US defence contract among others which are yet to meaningfully factor into the cash flow and appear to be self funding, meaning no additional capital requirement.

Additional cash flows from 8 new customers last quarter alone is impressive. Cash balance is not great but importantly the company is sustainable with sufficient cash on hand. Perhaps there will be a raising for the covid sensor but at that point sales will be confirmed and raising will be very easy and at much higher prices. DYOR but this is a strong hold for me and I am very happy with progress. Ralph has performed consistent with his history. As for the drop yesterday, smart money playing with panicked retail, just as they did at 0.002 IMO... Broker data will confirm what happened yesterday but smart money has certainly been buying since 0.002 and impossible they left the table yesterday on only 10m volume.

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Nailed it.

Exceptional quarterly report. Traders selling due to a lack of new COVID sensor info (which will come in due course). IMO I can see this going much higher. Market cap is laughable at only $23m.

Last edited by ozelectro: 01/08/20

SE1 Price at posting: 7.2¢ Sentiment: Buy Disclosure: Held
14 Upvote

2 Great analysis

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