About six months ago they reported that they expected to make a loss of something between $120K-$150K per month for the rest of the 2004 financial year due to changes with their telstra dialer services.
Recent buying may indicate losses were not as bad as expected or that they have resolved their dialer problems...then again, it may have simply been window dressing before the 2004 close.
I have already traded in and out of of this recent surge...and may trade it again if the opportunity arrises.
Plenty to like about them and they have plenty of cash in the bank.
Cheers!
GBN
gallery global networks limited
