I find it hard to understand how after the two new Asian contracts and the Adcel deal their revenue guidance for 2018 released on 13/8/18 has not varied since the 9/4/18, even though those two developments were announced well after 9/4/18 and with significant expected revenue.
With this in mind I have to assume the earlier revenue guidance already included the two announcements which followed. Something doesn’t seem quite right if that is the case.
I notice a lot of HCs can’t figure out why the share price is languishing. I put it out there it is due to their low cash position and incomprehensible financial updates. I for one am scratching my head.
EN1 Price at posting:
9.4¢ Sentiment: Hold Disclosure: Held