you seem to have forgotten your promise :(.
Best Wishes
Paper Tiger
Printable View
A rights issue right now would signal a failure. I can tell you that it won't happen - at least for a year, and I would say it won't happen at all, ever. If it did -- I certainly would be dropping this company from my watch.
Thanks for your post Hoop, I would be very interested in hearing from you when you think there's some buy signals ;)
Genuine apologies Tiger, I did miss your post buried amongst all the mindless knocker rubbish, not hard to do on this thread.
I’m being quite conservative with the price point until we are advised otherwise by Pacific Edge, noting that Forbar and Edison both think it should be quite a bit higher than $550.
The KP contract may well be worth between $10 to $20M in revenues within the first 18 months, trending upward from there, happy to share a basis for that reasoning on a more detailed level.
kind regards, Mac
I think his third paragraph alluded to above 87 a buy signal (but a risky one)and 95 and above a much less risky buy signal
The way Im reading it -you are giving up potential short term gains (with the associated high risk of loss) for a more stable uptrend--You are making your profit on the 95 and up with an established trend instead of throwing the dice at this level (and from what I gather ,they are loaded against you)---just my take as a novice --Hoop or KW could verify
Well my numbers are worse than those of the much touted Edison Report
Edison has cash burn of $8m in 15 and 16 (revenues of $2.6m in 15 and $14m in 16). So $4m left heading in FY17
No cap raising BFG
Note: My numbers assume everything goes to plan .... or else this could turn into an never ending story of 'next year we will be profitable'
I like the risky, cheap... low price buy signals :) before the uptrend starts.