Quarterly with no surprises this time, as I predicted a $1million loss. This is as solid a report as could be expected. Market seems to be taking a neutral to slightly positive view. This will change in the next few days imo when one of the big players uses this quarterly to recognise the unique opportunity that presents in E88.
Also dont forget the interested parties that took the SP to 18.5cents up 100% can now see the full accounts. Expecting some exciting things to happen in the next few weeks, dont be fooled by the slow trading today so far.
$6.3million cash means no cap raise or need to borrow. Expect next quarter to be around $250k loss to 100k profit.
Im happy with a boring quarterly and do not expect a decent profit for six months from now.
E88 Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held