A big worry I am thinking is they have such a high cash burn rate compared to earnings in.... and NO sales guys.... who the heck is going to drive revenue for these guys.... can guarantee their previous comments about so many companies knocking on their doors has all but disappeared, with the class action, the asic drag over the coals, small growth last quarter and dragging the CBA into the mud, companies wont exactly be lining up to use getswift... so now its up to Bane and Macquack to sell new business....maybe that's why they have both upped their salaries? Because they have to both start selling now?
I know sales guys are expensive, but get a good one and the ROI is 5x-10x the investment...
These guys are in some pain
GSW Price at posting:
61.0¢ Sentiment: Sell Disclosure: Not Held