CPH
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0.00% 0.9¢ creso pharma limited

Creso Pharma (ASX:CPH) shares up 30pc amid speculation on U.S. cannabis bill, page-423

  1. postform
    53 Posts.
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    09/12/20
    15:27
    Post #: 49457775
    Yeah almost 2 million burnt this year and then only 2.5 M in cash.

    Debt is not cash. Debt is not a good idea either for a company with 1 Million in Rev.

    In fact with 1 million in Rev .. they are still -2M a year. And thats after the 8 M in cap raising done in September. Ye.. I would say they are BURN HEAPS!
    CPH Price at posting: 32.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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