The Share Cafe presentation this morning was much of what we've already heard before, but there were a few key pieces of information to take away:
1. The 'clips' from customers can be from any ONE area, such as retail, or bnpl, or across ALL areas of the supply chain , however, they are not looking to take any less than 2% on every onboarded customer, and in many cases, the 'clip' will be higher.
2. The 50-100 retailers being onboarded PER WEEK, indicates exponential growth, and a 'clip' of at least 2% per customer is considerable income going forward
3. It was clear that they expect to be cashflow positive within the next year or so, as AF said they had enough money in the bank to cover operations until they are, which is about 22 months worth of cash, as he described it yesterday.
4. They are investing heavily in expansion at the moment, and this will effect their ability to be cashflow positive in the short term.
5. He again highlighted the importance of the Asian market, clearly signalling, with reference to Greenshoots, that this is where they are focusing.
In my opinion, there is significant things to come from CRO, and I DO expect the next quarterly to show greatly increased cash flow. It should show a quarter or Whola's customers' involvement. I addition, Adrian has stated several times recently that there are more significant announcements to come, and if they come soon, they will also add to next q's cashflow. I really believe it is now time to either support the stock, or get out. You can't be "all hail the Goat' one minute and then criticising his every move the next. I spoke to Adrian briefly yesterday, and he is run off his feet. I don't believe anyone works that hard and with that much passion if they don't have full belief in what they are doing and where the journey will take them.
- Forums
- ASX - By Stock
- SPX
- it's just the beginning for Cirralto!
it's just the beginning for Cirralto!, page-17015
-
- There are more pages in this discussion • 3,331 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPX (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.63M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $13.87K | 1.194M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 12609531 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 1016213 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 12608056 | 0.011 |
18 | 6420556 | 0.010 |
9 | 4242884 | 0.009 |
3 | 10124931 | 0.008 |
3 | 5232562 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 1059596 | 3 |
0.013 | 6852173 | 16 |
0.014 | 8029639 | 22 |
0.015 | 3622316 | 10 |
0.016 | 6251500 | 4 |
Last trade - 12.31pm 13/11/2024 (20 minute delay) ? |
Featured News
SPX (ASX) Chart |
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Michael Thurn, CEO & MD
Michael Thurn
CEO & MD
SPONSORED BY The Market Online