1TT 0.00% 1.6¢ thrive tribe technologies limited

Question: If RFN continue going at the rate they are now, is VA...

  1. 105 Posts.
    Question: If RFN continue going at the rate they are now, is VA a possibility going forward? If not, bar major client sign ups which are actually converter into sales, how are they going to reduce their burn rate so it does not exceed revenue and possibily burn through all their cash?

    On a side note, given the less than stellar performance over the past 6 months, even if they do a CR at maybe 4c what kind of institutions would invest in a company that consistently over promises and underdelivers to the point that the share price is only 5% of its peak and 60% down from IPO? Furthermore, even if institutions do decide to "invest", what exactly does that say about the institutions themselves which are supposed to safeguard their investors capital.

    All honest questions, no offense intended.
 
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