CFO 0.00% 0.2¢ cfoam limited

There is a big difference between free shares and bought shares....

  1. 675 Posts.
    lightbulb Created with Sketch. 24
    There is a big difference between free shares and bought shares. Real cash wins everytime .

    The investor presentation was really interesting, if you look at this fresh without the parlour of missed targets then it's super cheap.

    The main issues they have had have been teething:

    - communicated the navy deal way too early.
    - didn't have their supply chain stitched up enough
    - relied on TAC for sales too heavy

    These have all been rectified and importantly the company is still running strong and increasing qtr on qtr.

    No advice, dyor, but I still like it.
 
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