who is buying???, page-13

I just bought another 84,000 today, but the commsec nor hotcopper data shows this up. Notwithstanding Delphi's points, fundamentally the operation seems to bring in $6M revenue with about $1.4M to $2M of actual staff and supplier costs. So the >$4M ovehead and marketing costs can surely be optimised, and presumably the $2M savings accounts for much of that. Their interest rate seems a bit high, though, and maybe they'll have to kick the can with shareholders, so if they hit us with 5 cents per share, that'll surely will mean operating at profit overall, and therefore support the $0.16 NTA/share they talk about.