The market seems insensitive to Firstwave announcements. There are clearly very few non-share holders following the stock.
I saw the announcement today as positive. Particularly, the cash situation. To my view, the ability of Firstwave to avoid more capital raising is key to a healthy share price.
While it is disappointing that they missed their revenue target, they are not the first high tech company to have their new product releases miss their intended target date. More importantly, now they are released and all are selling well.
Would be interested to know how the international expansion is progressing.
What will it take for this stock to get on more people's radar?
Ann: Operational Update, page-2
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