Nash86,I don’t know what you expected from the conference call.In my opinion they really can’t talk about something they didn’t announce to the market.The company is poising to growth since they hired more sales and the billions of market.But I do agree with you that eventually cash receipts matters.From the company’s statements I saw the growth and potential though.Yes, the capital raising is unavoidable since the MD admitted that the company needs one capital injection.I also agree with you that market will depress the share price in short time.But I also acknowledged that the MD mentioned clients like a better balance sheet to instill their confidence to work with the company.For business’s sake, they did try to improve the balance sheet while I never expected a start-up can be break even or positive cash flow in less than 2 years after it listed. I am happy the company made the progress so far and encouraging by what I read in the statement and heard in the conference call.
Nash86, maybe I am a half full person.Time will tell.
SE1 Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
