So thinking ahead to next week, 30th April raises a few thoughts.
How will SP survive above IPO levels if the following eventuates?
1/ Melbourne Bureau delivers no revenue- what message will that deliver to Market... 3 TKF systems producing....ummm??
2/ CT deal continues to deliver no Revenue by way of deposit. NATO certification is under wraps..!!
3/ Less than 3 Quarters of funding remains in cash. Staff costs increased.
4/ list of Gunna Dos constantly growing but haven’t converted anything into revenue.
Tri-D, Neos, Repkon, Triton, Ascent, Shree, Tawazun, Airbus, Boeing, Gilmore, Thales....
I may come across mostly as a fan boy however the above is why I dumped 80% of my holdings last November..!
For all that this company promises I’m still open to the the above reality.
This weeks Trading Halt turned out to be nothing to write home about really...I’m getting nervous again folks.
Sentiment changed to Hold until after we see Q report.
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