CGS 2.19% $1.40 cogstate ltd

Hi all, Im in at around high 80cents, obviously not that happy...

  1. 310 Posts.
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    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
 
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