FSG 0.00% 2.3¢ field solutions holdings limited

Given we have seen the revenue of Freshtel declining and due to...

  1. 983 Posts.
    Given we have seen the revenue of Freshtel declining and due to a complete lack of specific revenue detail disclosed where do you see it's revenue and thus profitibility coming from in the short to medium term???

    They are spending $10M PA essentially on Opex. At 50% margin they will need $20M Revenue, a $17M increase over the current piddling $3M revenue. If they had a 50% PA growth rate, it would still take 5 years to break even and another $29M in losses or another 2-3 Billion shares at the current SP.

    The new guys coming on board are either complete idiots or they have a plan, one which I think will preclude ordinary shareholders.

    It's a jungle out there.
 
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