Broker data looks interesting over the last 2 weeks.Morgan...

Broker data looks interesting over the last 2 weeks.

Morgan Stanley, Int Brokers, Maquarie and Asc Securities all big buyers.

Bailu Host and Shaws and ANZ Invest are the top sellers.

Holding well over 30c atm will be interesting to see some more comments about this quarter prior to the quarterly next month.

From the last announcement I presume things are going very well in the current quarter to be comfortable in predicting 40% growth for this FY already.

I would then expect to see revenues this quarter to be around $3.5m and hopefully operational costs come down and then the following quarter to be even better. Especially if they are predicting December to be cash flow neutral.

Will be interesting to see what the SP does leading up to the quarterly or any commentary beforehand. Would be highly unusual to see it drop to low 20's at this point considering the last update and broker buying around that 30c mark. Don't know the stock that well but things look to be going well so I have taken a possie.