LaraThe company must report its six monthly results within the...

Lara

The company must report its six monthly results within the next fortnight and knowing this stock, it will be on the last day (Feb 28th) or very close to it.

Recent trading suggests to me that it doesn't look very encouraging and if you look at my last post, I suspect that the selling is coming from where I predicted.

As others have pointed out the figures for this company look terrific e.g. $11m in cash, positive cash flow and a big contract with Rio. You would think that a residential builder would have a good future too, but the market seems to be telling us that the sellers know things that we do not.

I hope I am wrong. I am a large shareholder in this one and I have been in it a long time. It has been a frustrating trip.

GPASAS