I am glad finally management listened to shareholders and explained what is going on, what they are doing and gave us some profit/cost etc guidance. Good to see that they have a product pipeline and lots of sales starting to come in from os....this indicates my estimated 10% increase over last year in sales may be a bit low....so the 2c current valuation def sits on the low side. That means we have a profitable company trading at well below market valuation with significant upside
Most importantly to me is that these announcements seem more professional, more upbeat and much more details. Some of the old Ian May and also the other announcements over last year were blunt and dry as a cracker and not written very well....sign of the future and def a change for the better in my books.
Well done to Michael for listening to our gripes and answering them with what we needed to hear
WRR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
