For those that believe in the company this can be a buying opportunity but it may dip further until there is better news.
In regards to the US expansion everyone surely would have seen this. This question here is whether you believe the current 3.3m loss is only due to the US startup costs (once off) and if you think this spend will continue.
The increase in revenue shows the AU business is solid - it really comes down to how well the US business goes. Remember they only turned the paywall on in November so it's early days.
NEA Price at posting:
33.5¢ Sentiment: Hold Disclosure: Held
