CTE 5.15% 92.0¢ cryosite limited

Just a horrible quarter - double whammy of revenue down and...

  1. 451 Posts.
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    Just a horrible quarter - double whammy of revenue down and costs up.
    Now raises the prospect of requiring a small capital raising as the balance sheet starts to look very thin.
    One wonders at the wisdom of moving to and fitting out larger premises at a time when the business is contracting. Now I know why there seems to have been a revolving door in the boardroom lately leading to the exit.
    Very disappointing - I have no doubt they will survive but prosperity is another 12 months away now IMO.
 
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