hammer and tongues company needs cash, page-15

Hi yes I must agree with you.
My acquaintance Gavin was looking at the company pre listing and basically said the work can be done anywhere more cheaply - but his biggest take/gripe was with the management still living effectively out of a workshop. They just didn't understand the competition out there and were too lose with costs. Always making it "look good" nice factory etc but big bills eg electricity and this must have blown out +++ since 2006.
Just very sorry I didn't speak to him before buying in at $1.10!
Still it certainly is looking strong at present good support and the selling and running seems to have gone.
Pretty tightly held until someone dumps.
Looking particularly good for 2014 then Im out for good.
To me at present it is a buy with no news good news.
DYOR