Anyone have views on this company
cash backing per share as at 31/3/11 - 7.5c versus 5c sp
revenues of $10m per year. Development of bank in box fiinished, and laying off development staff.
half year net loss only 88k (because they earn lots of interest).
Restructuring the fixed costs of the tech business should allow the operating to get to breakeven or profit - how would be nice to know obviously. But negative $6m attricuted to core business...
whats the 16m of cash to be used for (versus 11m mkt cap)
any other existing shareholders have info, or interested in questioning the board/mgt
anyone been to previous AGMs?
cash banking 7.5c
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