I think it's a very good thing that the stock market at large swiftly discounted the latest announcement. This was another lamed attempt by Ed & Co to prop up the share price. I hope it serves as a notice to them that being an ASX listed is a serious business. It would not surprise me if they came up with another bogus announcement a week from today just to steady the share price in anticipation of announcing the completion of significant project milestones as they relate to SILA and Scharff. I anticipate those press releases will be issued by end of June. The reason why I like each of those deals is because their scopes will require the use most of the features of the Yojee logistics software. A such, both companies would be ideal reference customers.
YOJ Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
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