Share price remains depressed because management cannot report properly. These numbers don't add up for anyone because this announcement is a smokescreen for the upcoming 4C.
1) Announcement address is different to the website address or the company is throwing our hard earned cash at office spaces.
2) They say deployment of the software will officially start 1 February 2018 but they also report 68 purchases since late October 2017 that have not been invoiced.
3) Revenue accrual has started in January 2018 for who knows. Revenue accrual is a sale that is recognised by the seller but not billed to the customer, so the company has billing issues but no explanation to shareholders.
4) As you say WestTrader 65 clients since late October 2017 plus another 150 is a total of 215 not the 383 reported.
Population statistics that are 3 years old look like the only accurate numbers in this announcement.
NET Price at posting:
3.0¢ Sentiment: Sell Disclosure: Held
(20min delay)
