RE: below placing price1 Aug 2018 11:17
Irene, I'm not here to ramp - apologies if that's how my posts have been interpreted. In fact I'm very conservative when it comes to investing. Like I said before, I can see the growth opportunity and they're adding value each quarter. It looks a very long road but this will be fruitful over time. Short term pain for long term gain, they do appear to actually be building a business. One big concern, as I look to the future, is the loan repayments due in 2020. They'll need to be firing on all cylinders to cover the expense and return for us on our investment. I do agree, after reviewing their cash flow movement, it does appear that they've made a loss in the last half, potential for a further 3m. However until we see the financials it's impossible to work out a specific amount. We'll have to hope that they can continue raise revenue and reduce costs.