It was a timing issue with the new$16.7m contract with Akumin. The new CFO said it had specified payment dates. It will be collected in H2. This same issue happens every 2nd quarter.
I like that the CEO said they had 12 large tenders out awaiting decisions.
The Arab Health Conference in Abu Dhabi is huge and the CEO is on his way there to attend. Plenty of money to be made in the Middle East with governments keen to look after their citizens with the wealth made from oil.
M7T Price at posting:
75.0¢ Sentiment: Buy Disclosure: Held
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