alright, Matthew has confirmed they are talking to various companies (moderate roadshow style if you like) but not with a full blown presentation at this point, just higher level info packages for now - the board are worried if they released the full spiel on what the company is about and it's potential, it would have little effect on the SP because of the dreadful market conditions at present.
They are talking to atleast 2 potential corner stone investors who seem impressed with what they hear, but Matthew did say that the full story through formal ASX releases will start rolling in out in the next few weeks - more formal roadshow style spruiking of MOT if you like.
Matthew says the 1st half results will show a consolidated loss, but that the figures should show profit for the end of the second half, with evidence showing in the P&L numbers by Novemebr, and that this he says, is what the market will want to see before the SP starts going up :-(
He says the current SP is probaly fair value for what they have shown the market to date. He took on board my strong suggestion that they increase information flow to Shareholders where ever they can ....
I dont know what to think of my investment in MOT any more ... I'm locked into a swag of options now, so fingers crossed the profits start showing by November to give MOT enough time to promote the story before they expire next Jan..... GLTA
MOT Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
