You know the elephants at Perth zoo paint pictures- they are not good pictures, but some people buy them anyway. If you use this analogy for our resident down rampers, you'll realize they are just like the elephants- trapped in a negative mindset and painting pictures most people don't want, because they have nothing better to do with their time. I call then oxygen thieves.
So let's focus on the reality of CRO-
1.when the acquisition of Appstab is complete, CRO will have the benefit of owning all the technology, saving it around 2.5m per year
2. R&D grants currently paid to Appstab will then be paid to CRO- a plus of between 1 and 2 million dollars pa
3.Owning the technology, rather than using it under licence, will allow CRO to play ball with some seriously large investors- AF has already highlighted this . I would expect for rapid growth, this will lead to a future very large cap raise to allow for global expansion, and that's when the real fun will begin.
This is very early days, but I expect this stock to snowball because it is in the right place at the right time- just what the Financial sector needs to support every aspect of business from the manufacturer to the retail customer.
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