Testpack17 Feb 2015 20:59
It is clear that the receivables are way beyond the pale, however this has been the case for a long time, has been the main drag on the SP and is the principle reason the market cap is sub 2.5m.
However I would venture that the recent progress is somewhat pleasing and equally should they collect a further 3m before the end of March that demonstrates further improvement and movement in the right direction after years of moving in the wrong direction.
Clearly not for widows or orphans, but I am happy with my position here and with the recently advised progress on the receivables.