Cash of 9.5m in the bank and in it's first quarter it wqas $895k, before any real traction of revenue from the deals and partnerships have gone through.
This stock is going to go bananas when the stock goes breakeven in the next 12 months and investors have realised the total market these guys are selling into.
Oren is presenting at the Techknow conference next week in Melbourne and Sydney which should have a whole new set of eyes looking at this stock.
I bought more yesterday. Will slowly pick up more parcels once per week (small).
The more important question is how do you value this company? Does any one have any thoughts on this?
MOB Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held