K2F 0.00% 18.8¢ k2fly limited

Any predictions or word going on!?, page-50

  1. 501 Posts.
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    I've been on the sideline for ages, and still am. That cash burn rate is way too quick. Operating/Staff costs are way too high. Maybe commission structure needs an overhaul as they are running a razor thin margin currently.

    There's a lot to like though as they are making a good amount of receipts, but this hangs in the balance - one $1.0m recurring revenue win and they'll be smooth sailing into the black, but 1 customer loss and they'll be fresh out of cash without another round of CR.

    GLTAH - I'll look for an entry point around $0.15/$0.16 and try my luck but at it's current level it is for me a bit of a gamble. DYOR
 
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