Cellnet’s CEO, Dave Clark, stated, “I am very pleased with our first quarter results. In the face of the strong COVID-19 headwinds and the delayed Apple iPhone launch, our team was able to deliver a strong quarterly profit increase of 90%. Not only this, but we were also able to sign several new world-class brands. As we move into the ‘super-cycle’ of gaming consoles and 5G phones, this has been a very encouraging start of year."
Hard to believe so little interest in this company. The negatives are that there is not much free float and very lightly traded as it's about 50% owned by a foreign company. (German--too hard to spell). it's been in the bad boys corner for a couple of years, rightly so, for making losses. But it seems it has turned the corner as per DC's comment above. Traded in the 40s till it suddenly reported losses a couple of years ago. May get back there. Only mention on HC is when an annx is made and even then no further comments. Worthy 'spec stock' IMO. Off screen seller is piling the sell side at 5.5c as needed. Interesting to see how many more he has.
