CPH 0.00% 0.9¢ creso pharma limited

Ann: Prospectus - Bonus Options, page-97

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  1. 7,570 Posts.
    lightbulb Created with Sketch. 2929
    LoL Aged like milk, lol being cocky about a cent upmove and then now look at it, down 33%. And it will get worse soon, 10cent wall probably break tomorrow.


    CPH a company that is paying staff and admin and average of $3million a quarter.
    Losing on average $5.1 million a quarter for the last year of quarterlies, with 11 million in cash left, nowhere near cash positive.


    The way they burn through cash they will need a cash injection within the next 9 months, whos going to give this company cash now?

    I am surprised its still valued at $120 mill. Would still be overvalued at half the price.
 
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Currently unlisted public company.

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