Whats new here.6 mil loss no great suprise with recent company...

Whats new here.
6 mil loss no great suprise with recent company events.
Some confirmation that the consolidation and cut backs appears to be putting things more inline with operational costs.
A near term path for core voip providing profitability is expected later this FY.
We have all heard this before but it may be more realistic now as no blue sky sub numbers or distractions should now exist in the calculation.
Sharing Tivo is a suprise but may be best path for the consolidation now needed going forward.
Seven will still look after Engins interests so the voip part of bundles should remain exclusive and Engin should gain new re-seller channels from it.
Engin should have learnt it's lesson for any new deals from here, and with Sevens connection there will still be some in the pipeline.
Hopefully all the hype has been rinsed out of it's shareprice and operations leaving only upside ahead.
World markets still pretty jittery probably has the most effect on its SP.