accounts, page-5

  1. 7,655 Posts.
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    I think you're pretty well on the mark Pasqual.

    This is what I wrote at the beginning of the month when the ramping machine was in overdrive:

    "I don’t mind the prospects of this company, but imo the current sp may have got ahead of itself a little. Put it this way, if you had a spare $50m would you buy a company that had revenue of $14k a quarter , cash burn of $1.1m and $2m in the bank ?"

    I may start to get interested if or when this gets down to 2c or lower. A mc of somewhere around %15m is imo a much safer entry level.



 
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