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Ann: CEO's AGM Presentation, page-73

  1. 400 Posts.
    lightbulb Created with Sketch. 23
    Relax. Once CM8 reports a decent net profit, I'm fairly sure the SP will zoom past 50 cents and keep going. Keep in mind market cap is only $29 million right now, so there's a lot of upside. Even a modest net profit announcement will seem huge compared to such a tiny market cap.

    The good news is revenue has come a long way in 3 years and I'm confident revenue (and eventually profits) will go a long way in the next 3 years.

    2015 -- 12.9 million
    2016 -- 37.0 million
    2017 -- 43.9 million

    In my opinion... any company that's growing revenue like that, whilst simultaneously reducing debt, will be posting net profits sooner rather than later. It's still a speculative -- but we shall see.
 
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