Looking at the 4C itself (https://hotcopper.com.au/threads/ann-june-2023-quarterly-activities-report.7485889/) this seems like an overblown positive reaction. This quarter is bosted by a gvernment grant (690). The only positive is slightly lower admin and corporate costs. Receipt from custmers has not changed and major costs are intact.
I go flat and call the CEO who sits and interview with this tone as if the business has tuned around a charlatan. I do not want to see this deceptive face again. Luckily, I have only around 200 AUD in this (down from almost 1 K). The plan was to join the herd when things start to turn around: but I can never trust this guy (I am out).
Good luck to all holders.
Ann: June 2023 4C Results Presentation, page-7
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