PCT Ltd (PCTL)

[greybeard34]

I agree he probably didn’t know and was conservative at that time, however, he had a chance to clarify it during the CC and stuck to the same 4m figure. It doesn’t make sense for him to stick to that figure if he already new it would be a bit higher. They are trying to pay back debt and are using shares to do that, why wouldn’t he try to appreciate the share price and use less shares to pay some of this debt?
I originally thought it would be near 7m, but now I think 4m is the more accurate number. Stinks for this year compared to where we thought we might be, but I believe if things go well, next year could be a substantial increase.