The companies performance has been improving and there are good signs that this co has turned and we will see better cash flow generation around the corner. It looks like an opportunity where the share price will have to play catch up (after great results announced of course). Happy to see director buying and looks like the share price has stabilized.
The risk reward at this level looks pretty good.
CNW Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held