Lots of down ward pressure on the SP for the last few years, while everyone is waiting for the turn around into profitability or a cash flow positive. till than nothing is safe from CR that will further dilute everyones equity. At this delicate time with 3 more months to the end of financial year some investors would love to get more specific news of traversing that huge hurdle called cash flow positive In actual fact none of us investors big or small has any knowledge of the FY 18 result, a bit scary and This for me is when management has to come out with more info, but the lack of real news ( more than just a small contract win) may scare some holders who prefer safety to unknown gains. Simply put the lack of forward looking good news Creates uncertainty n selling
CNW Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held