Skinsy - I am sure it is making strides in making revenue and converting the $80M odd of order pipeline to tangible sales orders. At a guess it will be doing $5.0M AUD which is okay for now. What it really needs is circa $8-$10M per quarter to get it back up to the 10-12c region. Then they have to develop their niche markets and exploit it. I have tried to reach out to management atm to encourage them to inform shareholders of how they are tracking for the year ie an update in Feb or March...nothing forthcoming at all...
A lot of the issues stems from Management telling investors we will be cashflow positive, and that remains to be seen.
SE1 Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held
