CYQ 20.0% 0.4¢ cycliq group ltd

Line in the sand..., page-5

  1. 7,973 Posts.
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    I do not see 6c until next quarterly released... MC of 24.5m with only 1.7m in cash and only 500k in receipt in the first quarter (at quite a loss, well aware a lot of product is in stock)... I think it is more than fairly valued... Next quarterly will say a lot... but if sales do go up substantially (eg. 150 - 300% which is not out of kilter for a startup) and outgoings are reduced, could se ethis going way beyond north of 6 after the quarterly... but before hand I doubt it.
 
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