In the shareholder presentation at the AGM the outlook is very positive...page 19.The sales force in the USA would be firmly established and the end of Q2 they are expecting ..therefore if this did not emerge as it was flagged it would be a case of over stating and under delivering considering they already have other Tier 1 clients...so far no game changing substantial contacts have been announced(did go up 2.5 cents Friday...so perhaps one is on the way) Absorbing a lot of the costs are researchers working on and tweaking the first class algorithm for clients.(about 20 I was told). Mark McConnell successful investor is owner of 22million shares has just bought a palfrey 5000 options at 9.5 c...on the 19th December..Why?...no options were out there to buy...imo it is coded signal to the market to buy..lets wait and see!..I am fully invested!
AV1 Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
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