49c now, just a matter of time to push past 50c mark. Wonder when does the 1c price increments begin, must be past 50c mark.
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Announcement due 30.5.23. Four days trading to go through the .50c barrier. Expecting positive report.
There is no reason why it won't, we have a different company now, TASK with Plexure underlying it. Quite a different proposition from a year ago, we have blue chip profitable customers and that's showing in the results. People just don't seem to realise yet, what 'global' means. Soon they will.
$0.50 SP is an insult if the market predicts that, this is worth WAY more than that! Maybe the market is gun shy, understandably so, FY24 will be the turnaround in market confidence imo, we'll see a much higher SP from here, cash in the bank, profitable business, terrific world class technology underpinning it.
GLTAH, the results and hopefully guidance are not far away.
It might be easier to explain why you think that's highly unlikely, then we could comment on it? I've seen this bolt 100%+ in a day, made a few $ on that but have always had a much larger core holding since 2014.
Anyway, I don't care much for what the market thinks, I have my holding locked in and I'm not selling any of them to people with a short term focus. Getting under the covers of this company, you'll see that it really has hit its strides.
Short termers have a realistic opportunity here, if they're already in. Longer term, this is a new beginning, it is working out.
The key difference abut Task this time round compared to its past is that its generating positive cashflow. No matter what happens in the short term for the share price, in the long term the cash pile it generates will push it upwards.
Another 2 cent rise on good numbers. Maybe everyone is seeing something I’m not. I do hold and know for the ones buying at these prices, if they hold onto these shares longterm they will be laughing all the way to the bank.
.51 nice !