I would have thought that given the cap raising (to address sales & inventory issues) that a revised sales forecast would have been presented. I know the board want to be conservative but without showing some sales improvement from the extra capex there is no reason for investors to take notice. All well and good playing cards close to chest but if the SP doesn't start moving one day they may well have another issue on their hands. I for one want to see some confidence of hitting better numbers....waiting until 2012 until we get towards a higher revenue number and better cashflow position is a long wait for the SP to get back to a reasonable level i.e. above $1? Not everyone will wait in this market, especially with further dilution down the track!
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1 | 41873 | 0.023 |
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