My biggest takeaway from this is:Insurance takes approx 60 days for funds to be available by BOT
Selling 500 a week for March and increasing to 571 for first week of April, so I will round it up to an average of 600 * 4 = 2400 a month
With sales accelerating and very little in the way of revenue hitting BOT's accounts, they may have started to be stretched too thin, but bringing on more sales staff.
Old SOI = 1.82B New SOI ~ 1.93B
If a takeover came next year at $6B USD Factoring in 1.6 currency conversion to AUD Old SOI per share = $5.27 New SOI per share = $5.02
I don't like there was more dilution, but in the bigger picture it seems the sales were outperforming their own expectations, and can hopefully lead to a higher SP in the short term
BOT Price at posting:
39.3¢ Sentiment: Hold Disclosure: Held
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