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Ann: Appendix 4E and Annual Report to Shareholders, page-59

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gtrr34

894 Posts.

578

01/09/21

13:35

Post #: 55748841
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Originally posted by Mattminton79: ↑

Agreed.. I’ve thought about those points you’ve made in the last 18 hours myself..

But bottom line here, a company with circa 200m market cap, circa 800k in annual revenue and circa 11m in losses.. Regardless of the “disregard the annual report as we know it was nothing special” mantra, the figures speak for themselves, until they don’t..

There should be no further requirement for acquisitions based on a number of announcements in the previous financial year.. The platform should be now robust enough to onboard clients..

Unless some further increases in revenue/revenue streams are announced this quarter and into next, it’s going to be hard to keep the market either a) interested or b) impressed..

So let’s hope there’s some news coming from the webinar today, about the revenue contracts that we were put into a trading suspension for recently, which unfortunately became nothing more than a fart in a jar..

I’m all for moons, rockets and lambos, but with a realistic perspective..

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Agreed, although id say its closer to 800k revenue vs 4M in losses. 7.5M loss going to cap raise expenses & paying back loans to AF how I understand it. (losses are still there, but wont be similar in FY22)

CRO Price at posting: 6.8¢ Sentiment: Buy Disclosure: Held
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