Someone is trying to keep the price low. Dumping shares. So until this guy is done we won't see big increases I think.
All we can do is wait for Half year report and for the Digitata transaction to be finalized. Will reduce the Shares in issue by 250 Million.
Share price will go up eventually I think. Strong cash generating units, new management with a plan and no more warrants to be issued.
Also this year will be the first year with a clean audit opinion as Visualitics has been sold last year.
Cant believe what the old management has done- Internal fights, moving one business into business rescue which was not necessary, not obtaining a clean audit opinion, suspension of shares etc. They actually need to be sued for negligent behavior and not acting in the best interest of the company. Luckily thats the past and we can look forward now. Great potential here for cloud services.