I had the opposite reaction. I thought the comms was bad. It's waffle and vague. The comms should have included a view on how much of the $1.9m backlog has been cleared/converted into revenue, how much new backlog (if there is any) has built up, and a view of potential backlog looking into the end of this financial year.
Only then can investors make an informed view of how the company is going.
The verbage provided doesn't provide any clarity nor transparency.
I tried to provide feedback via the website (contact us) - but that form didn't work, and the phone number of the PR rep went to voicemail.
slooi1
UBN Price at posting:
37.0¢ Sentiment: Hold Disclosure: Held
