How are they looking cashflow wise! can't be too much cash left...

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16/04/21

11:51

Post #: 52516150
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Originally posted by Salubrious: ↑

If you look back through the announcements, any long term holder would lose faith by now.
They pivoted from commercial asset management in 2018-2019 which was a failed venture, broken promises, seemingly failed initial Inspector360 rollouts based on the announcements and here we are at $3.6mil marketcap not far from all time lows. The play here is, I believe since 2019 they've developed Inspector360 to a level it is ready to genuinely roll out with a shadow of a board (Sean / Simon are on 3 boards, which share the same office space I believe). With the positive announcements and lack of sales I was starting to think wtf is going on, but now with Geoff G on board as CEO I am hopeful there is now someone with the drive, incentive and business sense to develop a strategic plan and execute on it, not just give holders the vibe this is going nowhere and a subsidy to Iris Residential / Tribis rent.
Time will tell, but the price is right again and I like the concept of Inspector360. Has the hallmarks of a multi bagger, all IMO.

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How are they looking cashflow wise! can't be too much cash left I wonder. They need to find new bigger clients soon I reckon and newer product also may help.Agree though Geoff G running the show means some decent news flow and getting things done. It could easily hit 2c very quickly if they deliver soon. Let's wait n see.

AO1 Price at posting: 0.7¢ Sentiment: Buy Disclosure: Not Held
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0 Great analysis

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