I agree the announcements could have been spread out, but the quarterly did read a lot better than the previous market update.
How many stocks have we seen be pumped to 10c then slowly decay into cents, this is a longer term play for sure. On the other hand many stocks bat out news after news and see no effect on their SP, SAS was one example which was handing out announcements like confetti and overnight went mental when it was least expected.
As a poster highlighted earlier, mid May is when the iOS app will be released in its beta stage, coincidentally the 7.8c options expire mid May.
Also I would like to add, EPT raised at 2c. We are still trading above that level, yes this is the lowest post listing but FA can only be ignored for so long.
Pure conviction buyers at these levels.
Ann: Second Quarter Report FY 2016/17, page-29
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