Yes, looks on track. Note the nearly $11M in cashflow in. Pretty much on track with the directors forecasts.
I rather suspect that growth will continue unabated and expect to see a target of about $15M in revenue for FY10. I suspect that most of FY10 profits will be spent on paying down what is probably still an OS Symbio debt. Best to wait for the Chairmans address and see what they think.
All up pretty good for 2 reasons:
1. The directors can clearly be trusted with their continuing financial forecasting accuracy, gives us a degree of predictability.
2. It is a good financial position for any company to be in particularly if growth continues as expected.
Looks like no one has noticed though as SP is down today, LOL! More buying opportunities for the moment.
Can't wait to see the Engin result.
MNF Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held
