Great article. It reaffirms why I bought into SCL in the first place and have topped up again at 1.6c.
The market didn't really acknowledge the fact that we hit positive cashflow in the Sept quarter. With delayed revenue from the Sept quarter to drop in, and the way the iFairs are panning out, we are set for our best Dec quarter yet. $1m of cash in the black this quarter seems like a reasonable "stretch target"8.
I'm looking forward to checking out the 4C in the new year. Not sure if we'll see 5c in Jan, but I'd like to think that an SP up to 3c after the quarterly report (if figures are good) is realistic.
This is all IMO. GLTAH.
SCL: Harley Grosser's Top Small-Cap Pick, page-7
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Mkt cap ! $17.25M | |||
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