I like the thinking JamesRS but when you look at CAR spend on...

  1. 5,426 Posts.
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    I like the thinking JamesRS but when you look at CAR spend on advertising/marketing. its going up quite considerably.
    FY13 - 50mil
    FY14 - 61mil
    FY15 - 86mil

    to be honest, I'm not sure what to think as I'm glad they are reducing the cash burn which will decrease the chance of another cap raising, but at the same time this is a growth stock and therefore advertising/marketing is priority.
    The MC is supported by the growing revenues, so it is extremely risky to jeopardise that...

    to be honest, even though I feel it is unlikely, I'm not phased if there is another CR as it will be an extra opportunity to buy cheaply.
    Last edited by Just_a_guy: 27/04/16
 
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