tastarga,
You are right on the money. this company is burning cash at a great rate of knots and the announcement on Thursday was not at all spectacular .Definitely not significant enough to cause the SP rally that happened.
When it sinks in the sp will be back to 80cents real soon and the cash backing of the sp is reducing all the time at a great rate of knots.
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monkey siezes the banana at 1.05, page-20
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