It hard to reconcile the companies position against the share price. I continue to buy and this morning it was interesting. Having placed an order to clean out the supply at 50c, my order completed and the sell side was instantly reloaded with about the same quantity.
What that implies I don't know, but certainly someone is selling a few.
The upcoming 6 monthly has a fair chance of being operationally cash flow positive based on the two included 4cs. Maybe only 15k if the accrual accounting doesn't distort it to much, but still moving forward.
However the next 4c is my pick for a positive impact on share price. By then the growth stall should have digested and a clearer picture of true growth will emerge.
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- Ann: Additional Commentary on Quarterly Report 4C Announcement
Ann: Additional Commentary on Quarterly Report 4C Announcement, page-49
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