just to give you a quick lesson in business growth 101. ……In the growth phase of a business you would expect significant amounts to be spent on marketing . The rewards for the marketing would be anticipated in subsequent quarters’ revenue. Employing significantly more staff, however , indicates a desire to grow quickly and a belief that it will. New staff are not taken on lightly by any company and are a key indicator of expected growth. Because CRO are extremely cashed up, I would expect to see a very large investment in staff and advertising now and a sharp increase in revenue in one or two quarters down the track. As for your assertion that the market is getting is tiny and getting smaller, on the contrary, this is perhaps the fastest growing market sector. I would suggest you study more and say less.
CRO Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
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