This is a good result. Cash receipts is steady and cash reserve is increasing. There is money to build growth, expand overseas and invest in future opportunities without being worried about cash.
There is no need for capital raises which is one of the big bug bears for a smallcap.
New contacts have been signed and more opportunities are in the horizon. What we have to remember is that it takes time and momentum to expand growth overseas, and the market size is much larger
I am pretty happy with his.
ALC Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held
