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6.1¢ cirrus networks holdings limited

Yep all that revenue $50m+ lets hope they can deliver a small...

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mwap

164 Posts.

13/07/17

15:54

Post #: 25849176
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Originally posted by farmer fred ↑

These shares are already owned by the original Cirrus Vendors, they have been escrowed for 2 years and are now coming out of escrow, so no change in shares issued.
We will have to wait till the quarterly later this month to get any increase in share price, should react to revenue of $22m in the final quarter compared to $ 28 million total in the three quarters so far this year and $7.5m in the final quarter last year.

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Yep all that revenue $50m+ lets hope they can deliver a small profit from all that money -if not this fy should be in 18!

CNW Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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