It doesnt matter re prices too much just pointing out that price expectations need to be revised down particularly on these threads.
That aside the fact that no significant items from investing or financing activities occurred which may have contributed to the current increase in cash balance (by my records) indicates that the business has turned the corner i.e they must now be profitable and cash flow positive at the operational level otherwise balances wouldnt have increased by ~$20M. I guess they'll do this in the qtrly but I would have pointed this out now at it seems obvious to me..unless Im wrong.
If it kicks down to $1.80 or below it would be good buying as Ive said previously
Ann: September Quarter Production and Sales Update, page-27
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$2.89 |
Change
0.040(1.40%) |
Mkt cap ! $8.703B | |||
| Open | High | Low | Value | Volume |
| $2.78 | $2.89 | $2.78 | $29.90M | 10.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39193 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 73947 | 7 |
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