TTI 33.3% 0.4¢ traffic technologies ltd.

Ann: Change of Director's Interest Notice, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 456 Posts.
    lightbulb Created with Sketch. 179
    If anyone would know it's Con, the fact he is buying on market backs up my theory the company is travelling very well on paper, just the interest on repayments are eating up profits.
    Doesn't change the fact the company is profitable plus in a growth phase.
    Pay down the debt, increase revenue & profit. The key to growth here is working capital, for this reason I like the prior announcement on the funding arrangement. No need to go to the market for CR activity.
    The growth is adding to operating/parts costs but is also reflecting profit, focus on paying off the debt & grow working capital.
    Would be interesting to see how much $ is held in inventory at present.

 
watchlist Created with Sketch. Add TTI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.