They won some big clients added so the next quarter likely to improves. I do agree they need to start managing their operating costs. Comparing previous quarters, staff costs are pretty much consistent in 6M to 7m however if they can bring down to under 5M then it would be great. Admin and corporate costs under 1M is great. If they can manage to bring operating expenses under 14M per quarter. We will see positive cashflow and I think this is the goal management trying to achieve.
LVT Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
