I did read somewhere CRO aren't onboarding this coming quarter but rather developing clients already signed as well as increasing processing speeds and bringing the staff they now have up to speed etc.
My thoughts are we will see increased revenue with existing clients already having payment schedules as opposed to new clients taking the 2 months from signing to repaying. Smart move AF and Bod.
AF has been disappointed by market response to both quarterlies this FY and I believe this is the response.
I also agree with his comments about retail investors with little idea about the business bailing yesterday and causing the SP to fall 10%.
Yesterday was all about an emotional reaction rather than a mature response to what I believe was a reasonable quarter.
In my opinion we won't be seeing revenue drawing any flat lines.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-192
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