The results were already known, more or less, from their previous update. So not really new information (aside from loans and other upcoming developments). I don’t see the SP going much higher or lower short-term until we have further confirmation of consistent increased earnings. Predicting an exact price is difficult, but the business is heading towards break-even which will present considerable upside. Impatient investors may hop ship and present opportunities to enter/top-up in coming weeks.
IBN Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held