I think the full year report means you should put more thought and argument into your response. If things were going swimmingly you could get away with that.
But the massive continuing loss for a company that has been commercialising for over twelve months now is a concern. The number is discouraging, even taking out the $8 million expensed for share based payments. The business is nowhere near achieving cash flow position, nor even moving in the right direction, nor has the company provided anything like a coherent commercialisation roadmap to show how positive cash flow and eventual profitability will be achieved.
PCK Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held
