Thanks for that.
Yes, volume is usually very low and SP is ready to run on significant news flow.
SP has fallen back a bit on lack of interest, probably mainly due to extended timelines to get new contracts on board.
We had previously achieved a couple of cashflow positive quarters, however the company has since invested some earnings back into software development for the recruitment division so may be a couple more quarters until we are past break even again.
I have a lot of faith in the medium to long term prospects of this company. It is my second largest holding and I have topped up as much as possible in the 3 cent range as it is ridiculously undervalued down here.
Also have high hopes our new CEO will be able
to market the company as it deserves, both to clients and investors. New website looks awesome
and looking forward to seeing the presentation you mentioned.
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