Well a loss as expected, but at least Gerald's need to provide an update every month has been replaced with him writing a novel.....5 pages in the directors report last year for 1H results vs 9 pages this year
Last year we had investor updates in Feb, Mar, May, Aug * 2, Oct and that does not even cover the AGM
Nothing since Oct, so hopefully writing this directors report has scratched that itch......perhaps when they hit cashflow positive and profitable he can host an update because the focus should be on sales, revenues and managing costs (as to why they were not on every state and govt panel to qualify for tenders is just strange.......surely this is what they should be focusing on rather than tell investors how well they are doing.......share price will respond to profits not CEOs doing pretty presentations to shareholders)
It does look like 3CT was a decent acquisition.....seems to have added materially to the client base and perhaps market (along with the technology they seemed to have gained)
SP3 Price at posting:
2.2¢ Sentiment: None Disclosure: Held
