The recent quarterly showed the company paying down debt at nearly $2 million per quarter, using free cash flow and not stock.
As stated by Domenic this should leave approximately 7 million in debt by January 2018.
A much healthy position than 12 months previous.
With continued growth in the messaging service (41% yoy) and a stabilising Track business, the bottom is in.
I'm backing my judgement by purchasing another 200,000 in stock.
The HALF YEARLY will be published in less than two weeks.
This will provide the detail we are all longing for.
Good luck all holders.
Cheers Lute
CM8 Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held