50c here we come.
All of Stiffy, Investing, Greg, etc predictions on share price increases on court case resolution wrong yet again.
I think it is clear now that the market wants results int he form of profit. Forget about the next quarterly - they already flagged the increase in sales. Problem is the increase doesnt even cover breakeven. Market probably worried about them taking their eye off the ball with global expansion.
More importantly, credibility is almost zero so it doesnt matter what management guide to, say, market wont believe them anymore and wont re rate the share price until BE or Profit is delivered. Problem is the profit it is has two components - Revenue and Costs - and relative to each other the relationship is not a positive one. Revenu may be increasing but costs even moreso.
About time some reality set in here.
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