Hi budfox26, never a bad thing to take profits. I agree that the...

Hi budfox26, never a bad thing to take profits. I agree that the market is looking for proof and is a bit skeptical at this stage, which creates the opportunity. Their next quarterly is due out at the end of April, so not long to wait to get some news on how things are progressing. At this stage all the signs are positive with the recent half yearly outlook, so the market should gain confidence as they execute their business plan. The fact that they are planning on delivering dividends is a clear signal that they expect cashflow to continue to improve.

Its a hard one to trade in my opinion, as there are so many potential catalysts. As you mentioned in your previous post if they hit the $10m EBITDA in a year or two, todays price will look like the bargain of a lifetime.

Definitely under the radar at the moment, however like all small caps there are risks.