I'm sure we're all looking forward to reading the numbers!

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20/04/18

16:27

Post #: 32591926
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Originally posted by copperroad ↑

The recent news is setting the stage imo. It is telling the market (those who listen) that the company is doing very well and has closed deals within several large sectors in Australia. The cash flow has hit its mark as they announced in their previous company preso and they are cashed up. The technology is useful across many segments of the market because its easily adaptable with recurring income streams.
The recent mess the asx has found itself in with BigUn and Getswift has sent them on overkill drive. This means many companies have to adapt to a new way of announcing deals that ironically, means many companies cant keep the market fully informed for confidentiality reasons. This is why the qrtly reports will become more important for investors to read the numbers and not just rely on spontaneous news flow. I think that promotes possible screw ups for investors. People could be selling this stock now, not being aware of possible meaningful contracts.
This gap in news means that some may simply speculate when a stock rises or falls even more than before. I think the recent news was to let everyone know that things are tracking well without over complicating issues with the asx. This will become more common. All in all, things look ok to me and i look forward to reading the reports.

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I'm sure we're all looking forward to reading the numbers!

CRO Price at posting: 7.5¢ Sentiment: None Disclosure: Held
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I'm sure we're all looking forward to reading the numbers!

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