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Ann: Chairman's Address to Shareholders, page-28

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Plooto

2,973 Posts.

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31/05/19

16:43

Post #: 38851486
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Originally posted by andyat: ↑

Which would be true if they are unable to increase revenues. So far, that hasn't proven to be the case - up considerably on Q42018. What makes you certain they won't continue to grow revenue (or if they do, that expenses will somehow outstrip rev growth)?

Almost all tech companies were loss making business originally, some still are (Uber lost $1B last quarter, still valued at ~$100B)

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Con notes are a last resort, mate.
Ted has form.
This biz is just TMP STL and SRO reconstituted.
I'm not downramping bc I want to buy. I wouldn't buy this rinse repeat mess at .001
Disc: Have never held.

EN1 Price at posting: 4.2¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

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