Replies to post #441 on SITO Mobile Ltd (STTO)

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This is what they posted on year end Assets
Current assets
Cash and cash equivalents $ 2,004,139 $ 620,185
Accounts receivable, net - current portion 4,265,481 2,443,308
Other prepaid expenses 312,606 233,541

Total current assets 6,582,226 3,297,034


So unless they went on a spending spree we are looking just ok.

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Zacks: Brokerages Set $7.70 Price Target for Sito Mobile Ltd (NASDAQ:SITO)
December 8th, 2015 - 0 comments - Filed Under - by Jennifer Langley
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Sito Mobile logoSito Mobile Ltd (NASDAQ:SITO) has received a consensus broker rating score of 1.50 (Buy) from the two brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a buy rating and one has assigned a strong buy rating to the company.

Brokerages have set a 12-month consensus target price of $7.70 for the company and are expecting that the company will post ($0.04) earnings per share for the current quarter, according to Zacks. Zacks has also given Sito Mobile an industry rank of 27 out of 265 based on the ratings given to its competitors.

Sito Mobile (NASDAQ:SITO) traded up 6.968% on Tuesday, reaching $2.963. 111,274 shares of the company were exchanged. The stock has a 50-day moving average price of $3.26 and a 200 day moving average price of $3.76. Sito Mobile has a 52 week low of $1.50 and a 52 week high of $6.15. The stock’s market capitalization is $50.83 million.

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SITO Mobile Appoints Joseph Wilkinson as Senior Vice President of Investor Relations

JERSEY CITY, N.J., Jan. 05, 2016 (GLOBE NEWSWIRE) -- SITO Mobile Ltd. (NASDAQ:SITO), a leading mobile engagement platform, today announced that it has appointed Joseph Wilkinson as Senior Vice President of Investor Relations. Wilkinson will lead the development and execution of SITO Mobile’s investor relations strategy in partnership with SITO’s senior management.

Mr. Wilkinson, a seasoned investor relations executive, joins SITO Mobile after his most recent position as Vice President of Investor Relations at Millennial Media. While at Millennial, he was instrumental in cultivating and maintaining strong relationships with both buy and sell side analysts from its IPO through several strategic acquisitions, culminating with its eventual sale to AOL/Verizon. Previous to this role, Mr. Wilkinson was Vice President of Investor Relations for XM Satellite Radio.

“I’m delighted to join the SITO team,” said Mr. Wilkinson. “I was drawn to SITO Mobile because of its rapid growth, unique IP assets, and talented, high-energy team. I also appreciate management’s understanding of the importance of a sophisticated investor relations program. There is a tremendous opportunity here at SITO Mobile and it is exciting to be part of a newly listed NASDAQ traded company in the fast growing and dynamic mobile media space.”

Mr. Wilkinson will report to SITO’s CEO Jerry Hug. Mr. Hug commented, “We are thrilled Joe has joined us here at SITO. In addition to his extensive industry experience, Joe has an established reputation of integrity and trust in the financial community, which makes him an ideal fit for us at this time. We have an exciting story evolving and we look forward to his contribution in helping to craft a clear, concise message on our growth strategy in order to elevate our profile among analysts and investors.”

Mr. Wilkinson earned a Bachelor of Science degree in accounting from University of Maryland, College Park and a Master of Business Administration degree from Loyola University Maryland.

About SITO Mobile Ltd.