Hi P87, Haven't looked at this one for a while and just looking trough the update. The thing that worries me if my memory is correct is the Australian business is reliant on 2 insurance agencies which doesn't offer a lot of insulation imo. Looks like more funds be required for the Cerno business and the benign insurance claim environment would not help. On watchlist now but would like to see some good numbers before I get interested. A bit time poor these days but will have a further look as I was interested when it was the old Longreach Group.
SGO Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held