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Morning Kuros - I agree with your sentiment. And I have posted...

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  1. 2,158 Posts.
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    Morning Kuros - I agree with your sentiment. And I have posted similar

    The only thing shareholders must keep an eye on is management. Many a good company has suffered because of the inability of management to effectively manage growth.

    Anyway, all is looking good at the moment. And no hype - that's the best bit - in my opinion.

    I see a few sellers at 0.13c this morning - unless you really need the cash - not a wise move - I think. A company making a profit at this end of town - very hard to find. And the poster who implied / stated that revenue and profit being driven from Govt grants and tax is only part of the story - I believe. Have a look at the $ value of trade receivables - the $3.8 million is not Govt grants (p.64 or thereabouts).

    Each to his own and good luck whichever way you move - for me PEH is a position I will build slowly. I learned a lot from my TPM shares (can't believe I was hesitating at around $1.48 on my second tranche). I now have no problem paying more for a share of a company that is giving more. Lesson learned.
    Last edited by Basileus: grammar 22/09/15
 
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