September 2015 Quarter Trading Update, page-30

You need to spend the money to make money.

The company is trying to build scale and trying to put in the right infrastructure for the business. When you're trying to build a company and look to hire staff with experience to grow the business, its never gonna be cheap.

In any case, we are at the micro end of the market. Its not like the blue chips don't have high expenditure especially for the many loss making businesses that are 1000 times bigger than CL8.

Its disappointing to watch the share price, but the market will do what it does?

This is a much better business now than what it was 6 months ago.