They need four of these quarters to prove themselves. Also we must not forget they have to pay the ATO around $1mill this year.
On the other side, according to the '09 full year results, the company made a $1mill operating profit and were, on balance, cashflow +ve.
They have around $5mill. coming over the next few years from the sale of SynergyPlus and we know from previous announcements that sale are weighted to the second half of this year.
HYO Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held