wasn't suprised by the answer to cards question. although i would like management to clear this up for us punters. the figure they state is cards on issue as i understand it. So, during a quarter they could issue a card and the value on the card could be spent (ie: thinking the chinese lunch money cards) which means the card is done.......so how do we measure those? they hang their hats on that figure a bit, i would just like to know more about it. might be worth giving him a call.
second half was still dissapointing i believe. i will wait for the annual report to make a final judgement call, but would be interesting to know what they lost on money invested in the markets?
having said that, this is a great growth stock, albeit one that will take a while to mature. a lot of people say it, but its a bottom drawer stock, that hopefully can continue to grow and use that $20mil in the bank to ensure the growth isn't diluted by any cap raisings!
TFL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
