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Short Term Trading Week Starting: 12 May 2025, page-46

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Kushnal

130 Posts.

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15/05/25

08:20

Post #: 79048383
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Originally posted by ammie: ↑

Thanks. It has received some good contracts recently and I was impressed with the quarterly released in April. Still operating cash flow negative but the notes in item 8 suggest that they should be positive next quarter, courtesy of recent contracts. So April may have been an inflection point. It will be interesting to see if today's trade was due to leaks about another contract or if a few investors trying to take a position. Only 181.5m shares on issue so it's not the easiest stock to build a position in for bigger players.

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I think they also mentioned a hockey shape growth for futures. If that’s turned out to be true then it will have good run.
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