If your expectation that the company will turn a profit in 07 is correct that would give rise to substantial earnings growth (from a loss of 1.4 mln in the first half of the previous year). I am simplifying matters here without looking at the results and noting if there were any one off costs, acquisitions since etc.
My point re cash burn was that if they sustained a loss of 1.4 mln (in the first half i assume) then with 750k or so in the bank, it won't go very far unless they increase profitability and soon. I am mindful that they have raised a further 1.1 mln as you say, but again unless the losses incurred are a one off then dilution cannot be ruled out.
Perhaps my remarks are well off the mark. I think I shall look at the results myself prior to the new year and comment further, unless of course you feel you wish to answer the issues i have raised here, which im sure you are more than capable of.
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