DW8 Growth, page-15606

I am in for a punt at these prices.
The main factors for my decision are:
1. 10% rate card increase on the fulfilment devision which is the main part of the $5 million revenue for the last quarter. Which means they will atleast without growth have $500,000 more revenue this quarter.
2. Seasonal increase and overall growth in the business I am adding another $500,000 revenue minimum for this quarter.
3. $1million less expenses this quarter with the company’s cost saving measures.

So going off last quarters numbers with $1 million more revenue and $1 million less costs then they should lose $1.5m in September. The next quarter should be lower again. Which gives the company time to prove to the market they have a company worth investing in for future growth and eventually profitability.

Make no mistake this is a risky bet, but I think a worthy one.