Have a close read of 2018 ASX announcements (see their website for ASX Ann history) - there were a few very bullish headline grabbers, and compare these to the latest March qtr report where revenue is very slim, with a loss of circa 500k.
It's clear that these announcement have not translated into revenue. Some of these seem of have disappeared along the way.
Now that the SP has jumped since, with no resultant change in revenue growth, let alone profitability and this might very well be a red flag for ST SP performance.
Questions for you: have you sold along the way, if so have you ever changed your sentiment to Sell? When do you think is a good time to Sell?
So what do you think these 2018 PIQs Anns implied? Rivers of gold is my emphasis - but fairly summarises the sentiment from 2018.
You may not agree with my read - but can you show me how these anns have translated to revenue?
PIQ Price at posting:
92.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)