KDY 0.00% 2.7¢ kaddy limited

DW8 Growth, page-39

  1. 6,951 Posts.
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    Capital raise coming up, Directors are in advance stages of a capital raise stated in the quarterly.

    company started with over a million dollars and now only have 585k and that’s with income of 229k coming in.

    pretty disappointing result imo, that’s cash burn of 670k a quarter. Even staff costs were about the same as revenue, is No wonder this was released after hours on a Friday hmmm.

    this should be down 25% Monday terrible result for holders
 
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