@Postmanpat , I am also down but not that much as I purchased a majority at about 10 - 12c and I only hold about 600k shares so I am small in the scheme of things.
But I have to look at it from my perspective at this stage and since I have been a shareholder I am seeing sales increasing and I really want to see another quarter and the results of the US postal agreement before I potentially try to rock the boat. I realise cash burn is higher than what I would like but I like what the graph is showing on page 2 of the Quarterly and from memeory year on year loss is reducing and I think they will be cash positive by mid to late next year.
I am also not aware who QVT is. I am looking at page 66 of the annual report and it is stating that National Nominees is the largest shareholder (by far), followed by UBS, HBSC and JP Morgan. Is QVT the owner of National Nominees?
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1 | 40000 | 0.024 |
1 | 20229 | 0.023 |
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