CKA 2.53% 7.7¢ cokal limited

Ann: BBM Project Funding Update, page-16

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  1. 1,459 Posts.
    lightbulb Created with Sketch. 42

    Point 6 relates to the concern shared by some NON HOLDERS on how cokal can operate day to day on the mere $46k available last quarter.

    Answer: Dom is using his own money to support working capital.

    Whilst the $2m is not yet in our bank, we need to stress that

    1. DM is not taking salary
    2. DM is using his money to support daily HQ expenses
    3. DM backed out of a shit deal
    4. DM is furthering the deal with Domain

    Granted anything can happen.

    But show me another business with near term potential with excellent opex ratio supported by industry headwind and run by an owner-manager personality, and i'll gladly switch allegiance.

    Until then, get in or f#$k off.
 
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