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Regular Contributor
FY14 results were OK in my view. They are cashflow negative due to their investment in business expansion, but are getting good topline numbers. If they can control costs, earnings potential is good. Balance sheet looks like it can take more debt, so I dont think a rights issue is imminent. Decent little business, now at an attractive price.
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Occasional Contributor
And director just bought 23 million worth of shares.
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Super Contributor
did he not just move the shares into an investment vehicle?
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Valued Contributor
yes, bought and sold same at same
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