re: Ann: MIKOH Secures Ten Year EVR System Co...
Perhaps a credibility issue here.
The announcement is light on detail. Company is still burning through and dependent on every one of the $1.45m to be received pre end of FY to survive. There is also the issue of the profit downgrade - remember that 60% undershoot on current year income. Hardly puts management in the financially alert and responsible category!!
MIK are going to have to show some real results before big money gets behind them, IMO.
MIK Price at posting:
9.0¢ Sentiment: Hold Disclosure: Held