CAT 0.42% $2.37 catapult group international ltd

Ann: CEO Resignation and Transition Arrangements, page-109

  1. 84 Posts.
    lightbulb Created with Sketch. 4
    Verce -  As a follower of the Sports Technoloogy sector, It would surprise if Statsports,  a profitable & rapidly expanding company with no debt, with many of the world's elite soccer & rugby teams as clients, and who are winning most of the major deals of late, would be interested in a company in turmoil with lesser IP, a poor culture and one which loses more money every year [~A$17m 2018] at anywhere near current market cap of $120m.
     
    As It is now back under control of the old founder management team, who bought in the [much heralded but] now departed CEO & several CFO's who "know how to build a global company", and with 12 years of losses, limited substantial benchmark signings of late, and the failure of PLAYR to meet targets, and with profitability forecasts pushed to 2020/21 and the emergence of competitors Catapult may not represent current value to others.  

    PS I see  Statsports announced NZ's Super Rugby teams as new clients today.   

      
 
watchlist Created with Sketch. Add CAT (ASX) to my watchlist
(20min delay)
Last
$2.37
Change
-0.010(0.42%)
Mkt cap ! $619.9M
Open High Low Value Volume
$2.40 $2.42 $2.31 $474.8K 200.1K

Buyers (Bids)

No. Vol. Price($)
1 4344 $2.35
 

Sellers (Offers)

Price($) Vol. No.
$2.39 9616 1
View Market Depth
Last trade - 16.10pm 17/09/2024 (20 minute delay) ?
CAT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.