1TT 0.00% 0.2¢ thrive tribe technologies limited

WOW massive cashflow, page-11

  1. 37,911 Posts.
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    it is not prudent to get information from Commsec instead of company announcements

    RFN's operating cash outflow (loss) was $1,234,000 (which looks pretty good; if they can make some sales the business looks high margin)

    they also raised $8,048,000 from shareholders, which does not count

    in other words, for now, they are not making operating cashflow but, instead, are bleeding shareholders, which is similar to borrowing money

    your celebrating or WOW is not warranted

    instead, you should be crying

    RFN, CHP & CMY are 'newbie heaven'
    Last edited by ddzx: 27/11/15
 
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