A sobering read that is for sure. And the market doesn't want to know them either. Down 10% since your post and now totally illiquid.
Hope is a horrible investment strategy, but let's hope management finally deliver on some of these lofty promises.
They are still have a low number of shares on issue, are funded, are reducing costs and mixing with some of the biggest names in the market, and their product is still first class.
The change of strategy to white label should have happened ages ago, but seems to be working, if not slowly.
So hope is backed up with a margin of 'educated hope':I will hold and see how they look towards the end of the year.
Milesy
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