WELL DONE on the delivery of 1 million in CASH FLOW POSITIVE. A...

WELL DONE on the delivery of 1 million in CASH FLOW POSITIVE.

A sigh of relief after those long weeks of 1.5 cents a share and no news.

We may have just turned the corner with this massive increase in revenue and cash flow positive.
compared with the previous Two qtr's of the year.

the present and the last qtr of the year seems to be nearly as big as the one just declared with anticipated outgoing expenses 0f over 25 million, keeping in line with a similar result as the last qtr, we can assume revenue of over 26 million or more with hopefully another 1 million of Cash flow positive.

This will put CNW on annual revenue of 90 - 100 million with cash flow and profit in the positive.

with 4.6 million in cash and growing they can do few good things.

first is another small acquisition.
second is buy back some shares either ( Frank 50 million of his shares at 2.0 c for 1 mil.) or a buyback on market.

M/C of 20 mil ( calculating on 1 billion shares ) Cash position 4.6 mil EV at 15.4 mil.

If next financial year will deliver further growth into 120 mil and 4 mil cash flow positive then-current share price is low considering the balance sheet, the size of operation, growth rate, expansion of profit margins that come with scale and future potential of M&A.

CNW has to keep up with this momentum of growth and positive cash flow qtr on qtr and the rest will happen naturally.

Maybe its a turtle on an uptrend trajectory.