It doesn't look good:
Poor form by management for only just telling us now about the option holders and then to top it of providing little explanation other than we have to wait until the Y/E results to find out more. They are obviously frantically trying to win this 'big' contract we have all been promised but is yet to come.
Only positive I can see is that the revenue composition for the quarter comprised a larger percentage to year end figures in comparison to expenses which highlights faster growth in income to costs. We just have to hope that the momentum of this continues and expenses are controlled until more contracts can be won to uplift performance.
I seriously hope they don't go down the route of another capital raise, it will spell disaster.
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It doesn't look good: Poor form by management for only just...
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