It's not looking great but there is still some upside if things are put in order quickly. A couple of thoughts of mine. Feel free to pick holes!
-PDT should be sold. It offers nothing but a distraction and is never going to secure much profit.
-Revenue last quarter was down yet. record US sales.No explanation given. I'm confused, maybe payments are getting received in January instead which might make Q3 a lot more healthier?
-Based on the cash in reserve, we should expect a capital raising this month, at the very least to roll out ADAM (although maybe this is covered in the $1.5m cash trust). If we don't get a capital raising then maybe all is rosy as this would suggest very recent profitability?
-Does IXP actually generate more than a few thousand bucks every quarter?
-Quote from quarterly suggests payments from SingPost and ohter "major projects" coming. Read into that what you like!
-Chinese new year quote is strange at the very least. How long do the Chinese go on holiday for that!? 2 months??
-Money for options could trickle in. Directors exercising these would be a major boost and positive sign to the market.
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