Thats the problem Brett. In the absence of any info from management, no-one knows if NET is making any sales let alone profits or its rate of cash burn. In this scenario, iminvestor101's negative views on the company are just as valid as any positive views. My guess (and I stress guess because that's all I have) is that sales are going to disappoint yet again. I'd love to be proven wrong, but going on past form with this management team ........
One of my big concerns is that NET has handed over future development to the Chinese who are not renowned for playing it straight. If they can rip off the biggest US and European tech companies, then you can bet they will do that to NET while offering the bait of sales to the billions of potential customers who according to JT are apparently queuing around the block to buy NET's products. Another concern, if it was just a minor technical reporting issue with the ASX, surely that doesn't take over a month to resolve and get trading again?
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