Closing cash and liquid assets = $41M. At end of last quarter, closing cash and liquid assets = $68M. Where has the $27M gone this quarter? - first question I would be asking AT at the conference today.
Absolute shocker of a report. Management need to stop their habit of over promising and under delivering. This current quarter is expected to tell a much better story. Problem is, investors will now be having doubts on management's ability to deliver what the promise.
GXY Price at posting:
$2.24 Sentiment: Buy Disclosure: Held