Yeah I bought a million of the bastards the other day, still got 195K outstanding. I look forward to the tax loss come next July.
No seriously the only thing that is debatable about this stock is the inference to further capital raising in the annual report should profits not be forthcoming. That is a definite occurence in the future I feel, leading to dilution, same old story. However have ridden the worst of times I feel & balance sheet is on the mend one would hope. At least they are now transparent & have bared all.
No sellers at all which is a good sign. People still believe that they have held through rough patch & there are a lot of holders in deep red water but not willing to give up on it.
I say go Pracom you dark horse. Either way bet at the momoent, still has one foot in the grave though. Yoou don't go through the excercise of addressing the major problems though rationalisation & restructure not to reap the benefits.
Regards
Deuce
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Yeah I bought a million of the bastards the other day, still got...
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