thanks for that mockingjay5, I'm sorry I couldn't respond sooner...

  1. 140 Posts.
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    thanks for that mockingjay5, I'm sorry I couldn't respond sooner but I do appreciate the effort in your response.

    That's all intuitive and logical, it reads well and it's the same premise on which I've decided to build a position into myself.
    At a 50m market cap, I feel like we may be fairly valued though so I hope we can really surprise the market (myself included) in the next quarterly.

    Another important aspect is that the co have improved rates with distributors and will therefore hit better margins due to that as well as the skew to direct with the lost reseller. I'll let you know what sort of numbers I come up with and what profit I expect this year. I was hoping for something like $1mill NPAT but we'll see how that looks once I tweak some numbers in my spreadsheet.

    With respect to "users", i was hoping to find a definition in the annual report seeing as it is a term that is used extensively I was hoping they would provide some clarity on it's definition in the report but not to worry. I don't believe last year's half yearly had the same graph you used to gauge numbers but I'll double check that to see if we can use that as a basis to determine where our revenue might end up this quarter and the next.

    have a great week

 
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