Hi guys, bought back in today at 12.5. Although I was very happy that Vip became a major shareholder, my concern was always the purchase price of 10.8 cents. The imparement write off in the recent financials was a bit of the final straw. With this pullback, there may be a little more to come, but overall it's the same company with massive revenue growth and now a huge insto investor in vip and cash flow positive from now on.
All the bad news is out and a good news positive announcement will happen any day. Watch this space.
E88 Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held