No wasn't me. I was blocked for a week after you reported me for questioning your agenda .
looks like we met some nice resistance again today at 42.5.
I think Loxton and other major holders are unlikely to do mass sell offs because they aren't being guided by negative posts on hotcopper like some nervous retail investors may be. Loxton and major shareholders have a direct line to the results and the reasons for them. By way of an example, they would likely appreciate the manufacturing issues last quarter was a faultless situation. Posters on here have asserted the Company (or Loxton) is to blame.
Nielsons date up, number of retailers up, sales number growing, revenues growing, break even some point this year (imo prob announced in FY17 report if not before, not a long long way away as you state), co has recently announced profit guidance for coming year to be released after this quarter is complete (april?) so plenty on the near horizon to turn this around. If loxton was a big problem for people, that is in the process of being ironed out.
So yes, I believe this is a steal at these prices. I haven't told anyone to buy. I understand you disagree strongly and want the share price to go lower and that's fine, good luck to you.
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