still investing in it's sales force, page-2

I agree. A company’s share price tends to reflects how profitable the company is not how quickly it can grow by sacrificing profit now for potentially larger profits in the future that may or may not eventuate given the uncertain state of the Telco industry. Moreover Colin Marland buying more shares in the company is no indication that profits are on the horizon (or that the company will ever be profitable for that matter) and when the decision makers in PEO decide to make profit a high priority is anyone’s guess. In the meantime the share price will continue to languish if not drop and deservedly so because shareholders invest to make a return rather than watch a company win award after award for being one of the fastest growing companies in Australia that never shows a decent return on shareholder’s funds.