So what did we learn in this thread.... good info is found at rotto...
I actually spoke to one of the guys in the office- hibbahellfire is right - only 10 people out working and many of the staff are being let go... put everything aside - we should wish for the best to those that have just lost their job- very sad and never nice to hear.
new investor coming in at 25c is definitely a good thing, agree that over time they will be well funded to do major infrastructure BOO of BOOT - this puts the company now in a different league... on the path to being the next transfieild - but probably via acquiring companies... all I worry about is dilution- but given my holding is small am happy to stick it out and see.... cash backing is now around 16c -I think...
I think the point of the original thread was that the market isn't being informed!!! This is bad for us smaller shareholders..... revenue has gone from $9.0M per month down to about $200k per month (surely this warrants an update!!!!) if not, I don't know what does.. even notwithstanding a big second half for 2017
The staffer told me that There are only a few potential awards coming but none will crack the $1.0m mark.. One thing that they have secured in march I believe is part of a pretty big short term project in another state.. I doubt the company will do more than $20m in half 1, no chance.... even if the company is cashed up there should be a guidance warning- where are the ASX regulators... check the asx listing rules and guidance notes...
Anyway, I feel I am fully informed now, happy to go to ground and stick my head up in another 6 months... well done to HC posters- through discussion (albeit sometimes a little far fetched) we are now informed... lesson for next time is just to pick up the phone and talk to a staffer!!!!
Good luck
TPP Price at posting:
26.0¢ Sentiment: Hold Disclosure: Held