THIS IS EXACTLY MY POINT!!!
The announcement is misleading because YES although Scout may have increased profit by 28% on their last quarter - if you look at the quarter before that (as announced on the 31 Oct) Scout made $440k for that quarter. So, Scout has actually made less in receipts comparatively in the current quarter as compared to their quarter 6 months ago ($440k 4C Oct2017 Quarter vs $410k current 2018 quarter).
Don't just compare Scouts last quarter to this current quarter because it is misleading when you place it into a wider context.
That is why at worst Scout is going backwards and at best Scout are going sideways - whilst burning $1.5 - $2m per quarter.
Don't just read their headline because you guys are getting suckered
And within 8 weeks when they cap raise as they have nothing left in the bank you will be scratching your heads as to the reason why.
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