It's a relatively poor result. Inside info rules as I said thus the selling down over the last couple of weeks (remember these are results of quarter finished a month ago). We will get a better indication from the prelim final report which will include receivables. I'd say the current share price (64c) has pretty much factored in this quarterly result.
They do say that target BASE revenue for CY16 remains unchanged but I am sure based on previous information that the market is expecting significantly more. The company has stated throughout this year that the sales pipeline has far exceeded their expectations so one assumes that their revenue forecast would increase substantially as well. The next quarterly is the big one.
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