Market reacted well to the quarterly, was definetly good to see a reduced cash burn, albeit I would still like to see cash receipts accelerating faster than they have been.
On the topic of IPP's position in Hong Kong, I went back to the announcement from November last year to see how they compared themselves to other site, see image:
The figures on 28hse.com are quite low, so either they have had an amazing 8 months or the *** point at the bottom has some relevance with regards to figures.
I still get the sense IPP present everything how they want things to be seen, the jury is out on the credibility of the data in the market, especially when PPW articles don't highlight data from HK.
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Market reacted well to the quarterly, was definetly good to see...
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