Thanks @DavieJones - I really appreciate you linking us to this article.
I continue to hold but, like other posters, am disappointed in the erosion of the share price. The sharemarket moves in mysterious ways (read: is stacked up in favour of brokers and short-sellers).
To preempt the next 4C, I get the sense from the linked MassDevice article that Wayne is not expecting it to be cash-flow neutral;
"... we had the same money in the bank in March as what we had in December, meaning that we’ve got cashflow and sales at a balancing point. Now, that won’t be the case consistently until we get right through all of this, but it shows that the right systems and processes in place give you much better control of the company. I think our commercial operations are now moving in a way that I would like,” Paterson said.
But, he still sees a path to profitability;
“At this pace of development I am comfortable that we will get the profitability metrics,” Paterson said.
(Just my interpretation of the article. I continue to hold and am satisfied with Wayne Paterson's leadership).
AHZ Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
