Good to hear from you again... Where do you get 4m options from and the ex price?? I read the notice of meeting it was 2m ex at 10c or something...
Also, take a look at the fine print on the cash flow.... Receipts from customers was about 7m for the 3 months, in January they would have rceived (based on last years sales) and say also December and jan traditionally being quiet months ....let's say they received inthe quarter- dec 14 and jan 15 approx 1m for each month , that leaves a receipt of 5m for February.... That is a 60$M a year business
Ok so even if we say 4$ for feb... Still a 48m pa business that has gone totally under the radar...
Also, look at the amount of funds available under their facility... If I am not mistaken they drew 1m in the quarter and still have $5m to draw on... That means that the year has started with a bang...
The announcement mentions significant receipts after the quarter reporting date... Why not state how much it actually is?? Unless you are trying to keep the sp down as long as you can so you can issue cheap options???
Come on guys, give us shareholders a proper update!!
My mates at RTIO tell me that tempo numbers are well over the 100 mark - this tells me the business is at least going to hit $50 m in sales for the year..... And that this is before this so called huge contract that is on its way.
Come on guys, share the KFC family bucket and give us a proper update....
Good times ahead...no need for cap raising stash, especially with the 5$m in facility available
Go the bigman, share the kfc...
Last couple of days I have bought, and I will keep mopping up loose stock around the 7c mark as I think this can go to 20c+ very quickly - especially with the new contracts on their way...
DYOR
Hibba - come clean, do you work for the co???
Also , you signed off as Matt on the last post??
TPP Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held