Whilst Catapult has posted increasing revenues year on year - it has also increased its losses year on year - none more so in the period since they reached $4 - with no signs to date of a reversal of the trend. I guess someone forgot FCF positive this/next year....
"Portraying the NRL scenario, which is non binding on clubs as any form of major uplift in sales is disingenuous...." So StatSports announcing the US Soccer League "$1b landmark" deal is not disingenuous? When in fact they only sold, what 200 devices, to academies? What about lying about Man U being a client - when they didn't even bother using SS gear? What about announcing 237 new additional employees? Please remain "balanced" in your argument...
"The previous raising of capital to increase Playr marketing, sales force & specifically penetration into the worlds soccer markets seems to have come to very little so far..." Another completely incorrect statement. CAT's announcement re $25m raising below. Includes investment in Elite and Prosumer - nothing in there about soccer. "...the net proceeds of the placement will be used to capitalise the business appropriately and enable the execution of its significant growth opportunities in the Elite and Prosumer markets"
Your entire post is just complete rubbish.
CAT Price at posting:
$1.07 Sentiment: Buy Disclosure: Held
(20min delay)