The 5year outlook in today's update is extremely bullish.They seem to have quickly obtained critical mass and now projecting some attractive returns.EBITA projected to increase from a negative in 2008 to a positive of $34m in 2012.This is a company that seems to deliver despite previous shareholder disputes.I am long at 40c and have tracked this disaster but I am finally hopeful. Maybe a defensive play.
APK Price at posting:
17.5¢ Sentiment: None Disclosure: Held