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0.00% 0.8¢ excite technology services ltd

Ann: Sale of cp.Protect and cp.Discover Technology Assets, page-2

  1. haiku-blessyou
    564 Posts.
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    20/09/21
    08:49
    Post #: 56194185
    Not 100% sure yet what this means overall but first reaction is they sold off the underperforming, costly side of the business and raised up to $2.4m from the sale.

    so they’re betting on a leaner business relying mostly on the brace assets to bring them to profitability

    thoughts anyone?
    Last edited by haiku-blessyou: 20/09/21
    CPT Price at posting: 3.3¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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