Have followed this with interest and I find recent trading bizarre!!
Half yearly results are poor with not much to go on pointing to a turnaround next half. Someone said on here the other day the market focuses on the future but I haven't seen (maybe I've missed them) any published projections quantifying how the Company will return to profit (while still maintaining at least some critical size)
The update contains blue sky type words suggesting the strategies are working but little evidence. At least they didn't say "...beginning to bear fruit"
Then we have small volume trading that is relentlessly pushing the Sp higher?? Perhaps the ASX didn't read the results and just assume it is all good otherwise surely a speeding ticket is warranted.
Was there something in those results I've missed which points to optimism for the minority holders?
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