Good result. Still seems to be selling pressure though. I suspect the market is still sceptical after all the management upheaval from last year, and will wait longer before judging whether Cohen & current team can deliver the goods.
Not yet expected to be cash flow positive imo, but with 1st payment from KIT digital ($750K) and $1.8M (let's say $1.5M after costs) from SPP, should have sufficient cash to cover Q2 I would have thought.
Cheers, Sharks
Good result. Still seems to be selling pressure though. I...
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