The fundamentals of this company in terms of products might be alright. But it's cash flow is still currently understood to be f*ed. While the soon-to-be-released quarterly might show hints of a revival I am not sure the market is going to be ecstatic about it. It is the one after that will really show any positive changes.
That and our share register is f*ed, too. Plenty of free shares being handed out, plenty of CRs over the years.
Not saying this company hasn't got the legs or potential. I think it's one of the best "high conviction" plays on the ASX. Just keeping it real. This company, and its SP, has a lot of churn through before we can get all aboard the rocket ship. Many stale holders and participants in the CR looking to get out on any reasonable SP hike.
Need a slow and steady climb to keep momentum.
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