CL8 cl8 holdings limited

New DMC listing thread, page-119

  1. 12,115 Posts.
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    A market cap of 6 million is not justified with these revenue figures... and we are only 500k away to be breakeven... we are not talking about millions... this is really small when we compare to normal rental industry and we are talking disruptive model here...

    I would say one more capital raise may be next quarter as options won't be exercised for a while... but the scale of the capital raise yet to be defined based on the reasons of the raise... if cl8 raised to acquire a new business scale will be different... however raising purely to survive would be smaller in scale... so may be another 300 - 500k... would really be sufficient IMO... but this is presuming worst case scenario... I personally think a bit of extra effort will see us breakeven within no time...

    Cheers
 
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