Until the potential investors believe in the integrity and authenticity of this business model, it will flounder.
Since the introduction to ASX, it has been trying to sort out the mess of internal sloppy management. Are they succeeding - not sure. As soon as it appears they are getting a handle on how to run the business, another issue arises.
Sure, the marketing is slick - but performance and delivery on a constant long-term basis are what success is all about.
Growing revenue, reducing expenses and making a profit.
Not signing up customers and then losing them because they don't pay, along with debt issues etc.
Without the massive consolidation, this share price is still in the penny dreadful status
IMO a flakey operation with issues still to be addressed.
IME Price at posting:
53.0¢ Sentiment: None Disclosure: Held
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