ETC entertainment media & telecoms corporation limited

OK folks,It's here.Obviously NOT as good as expected BUT having...

  1. 4,504 Posts.
    OK folks,

    It's here.

    Obviously NOT as good as expected BUT having said that I can see some positives in it as well.

    Net operating cashflows for the quarter were positive $270k which is still better than a loss and the overall positive cashflow coming in from the business for the Half Yearly was positive $1.4mil which is still a good result.

    What this will do to the shareprice tomorrow I dont know - BUT I think it's NOT as bad as everyone expected as perhaps people thought they'd be in a loss and I CANT see a cap raising at 1c anytime soon.

    Overall - I think we have seen the worst in terms of the shareprice getting smashed. Some more good news from ETC would be great though.
 
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