Hi all,
Im in at around high 80cents, obviously not that happy about our sp. However I don’t think its as dire as some might think, the cancellations have reduced year end revenue by 6.4 million, however new contracts worth 2.5million have been signed in July alone.
I am mindful of the difference btwn revenue and sales (anyone care to explain it more succinctly then i can,? and how much could be considered revenue?)
My point is as a small cap its sp could be expected to fluctuate wildly, a couple of new contracts and we may well be back near yearly highs, im tempted to top up a little to get my average down!
As others have stated while not rare it’s still refreshing to have this level of transparency, it’s vaguely reassuring..
Good luck
CGS Price at posting:
53.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)