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Ann: Appendix 4C - quarterly, page-42

  1. 5,209 Posts.
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    Yeah quite evident a large seller exited today, with 189m SOI and 82.5m traded today you can expect to see a change in sub holder. Well done to them, these are the guys that soaked it up when nobody was interested and they will have made good coin in doing so.

    At the end of the day however it's a $4m company with $2.1m cash and it's turning a profit, they may have stopped it from running too hard today by taking profits but surely the market will once the dust settles attribute an EV above $1.9m? Time will tell, if it doesn't move to a more realistic value then join the sell the quarterly crew in 3 months....
 
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