hate questions like that LOL
coz you aint gona get a straight answer
short to medium term im positive for the follow reason:
1. years of r&d have cost them 20m, they are finally at a stage where you get the feeling the sales are going to pick up momentum
according to Feb preso
"Previous guidance of annualised sales target tripling to $5m for the June 2012 year and is now likely to be exceeded.(Sales to June 2011 was $1.6m)"
this is one of the big headline news im waiting for, should see good runs on confirmation of this news
end of this month qtrly cashflow should also be well worth a read
2. apart from all the blue chip clients they have, they are trying to crack open the chinese market
now I know that is a hard market to get in, but think about the blue sky possibilities
who can forget that mega SMA run on news of entering chinese market
3. blue sky industry
4. she is only 10m cap atm, dont know how much cash, but charts show she just came off very low base of 0.5c. If this proves to be the bottom, then holders are in for a good run
I like this kinda plays, got good nose for it. picked ESI, ESIO, TTEO & LOM all at their very lows, sure it was nervous as h3ll in the beginning, but the returns are absolutely stunning!
longer term, it's all up to execution & bottom line. GFC & Europe crisis last year has taught me to not think about long term until the market returns to normal, so I dont know.
Add to My Watchlist
What is My Watchlist?