This is a very good Quarterly.
Why I think will keep SP going.
1- Further reductions in staff cost announced
2- likely further increase in sales with a continuation of trend observed QoQ
3- Sales volumes increasing, with less expenses, slight marketing increase (which is a good sign IMO)
4- Looking like it'll be Cash flow positive all year
5- Probably looking at 20M revenue in sales for FY20, which, with a positive cash flow, is worth at least 40M and up to 100M (so we get the 15c 25c range I see technically)
6- Business is safe
7- Coronavirus has been cured in a few places, using aids medications and classic medication (you can also cure it/prevent it using other means btw) but let's say this will ensure the market at large doesnt completely sink, which is why Nikkei is up today.
8- probably a lot of products, innovations and things that the market hasnt priced in are coming,
Very good results. Congrats to the team. I knew this team would save this business.
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This is a very good Quarterly.Why I think will keep SP going.1-...
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 185467 | 0.9¢ |
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Price($) | Vol. | No. |
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2 | 245120 | 0.008 |
1 | 200000 | 0.007 |
2 | 333334 | 0.006 |
2 | 600198 | 0.005 |
Price($) | Vol. | No. |
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0.010 | 100000 | 1 |
0.011 | 671034 | 1 |
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