I am with you Bob, would love to see 30c again and then race to...

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witchy57

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17/12/19

14:45

Post #: 42011402
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Originally posted by country bob: ↑

I don't think positive sales will cut it atcatc1960. I reckon they can announce millions os sales and the SP will do nothing. Back in IWG days they announced 800,000 end users - yes, 800,000! How much money in the bank did that generate - zero. Nil. Not a bean.

The ONLY thing that is going to move this again is MONEY IN THE BANK. Money from sales. Not money from government grants. Not money from capital raisings. Not money from share option conversions. Not money from debt. ACTUAL money in the bank from sales.

Like I said before, what's another few years on top of the first 5 or so

The partnership with China Telecom is a couple of years old already and has produced almost nothing, even though they have had 10,000 sales people flat out selling 'bundled products' since July/August 2019.

iSoftstone is just starting so don't expect any money of significance in the bank for 12 months or so.

In terms of income NET is still clinging to the $285,000 they got a few months back.

Bluetech are having their second look at it and gone absolutely silent. Not a peep anywhere about Bluetech. Apparently the story is all about China so who cares whether Bluetech are doing anything with it.........

So notwithstanding all the recent 'good news' I'm pretty sure World Domination is some time off yet

..... and as always I would love to be completely wrong and have the SP at 30 cents again in the short term, before it races to $1.00 in a few months.

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I am with you Bob, would love to see 30c again and then race to $1.

NET Price at posting: 12.8¢ Sentiment: Buy Disclosure: Held
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