Yes...It looks bad.....Have been waiting for the "mandatory profit warning".....Here it is.
Will not react negatively till we see the financial report & scrutinize their cash flow & working capital.
Recording a loss even if it is repeated is not a hallmark of a bad business or bad management.
This one could partly be related to timing of revenue recognition....Large depreciation .....or expensing large R&D expense which artificially depress net income but not detrimental to the business financial health.
Unfortunately the market will react negatively & "slam it to where it was" at 0.08 or even lower.
Will be able to say something sensible after the HY report.
Yes...It looks bad.....Have been waiting for the "mandatory...
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7.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.09M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 573 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 208000 | 1 |
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