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2.5¢ vivid technology limited

Always thought VIV has the potential, right place, time and with...

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Eaglebird

909 Posts.

69

31/08/18

10:53

Post #: 35320064
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Originally posted by glchen ↑

Agree, a decent report imo. Company growing revenue at a meaningful pace from 3.6m to 8.2m. It's still making a net loss but that's common for all growing startups. If they can keep growing revenue at this rate they will soon have the scale to turn into profit. My only little concern is on the cash balance and hopefully they manage to increase OPCF so there won't be dilution.

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Always thought VIV has the potential, right place, time and with the right product, it should do OK longer term, and I have patience, so we'll see. Hope to se Verce back here one day.

VIV Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
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Add VIV (ASX) to my watchlist