CCO Charting Thread, page-60

I was right for the last two quarters, and I made those calculations last year.

We will most likely smash past $1.55m but I like to be a little conservative. Also, expenses will be even tighter this quarter than last quarter as we had half yearly reporting and auditing requirements. Now remember 1:3-4 is the return on advertising so that goes up and down accordingly.

Don't bank on the share price being sold into after the new issue. Remember, people who needed the money to take up their rights have already sold. You can at least halve whatever numbers you had in your mind.