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11.0¢ credit intelligence ltd

I also topped up 500000 shares for same price yesterday. Next...

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259 Posts.

65

17/03/21

14:19

Post #: 51835590
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Originally posted by Mom88: ↑

Yeah easy to see and explain but most don’t get it?

If they are desperate for funds then they would have taken whatever proposition required to get the money. This company is profitable and growing nicely without it.

Them being a lending company they should understand how cheap it is now to get finance via proper institutions with such low interest rates. Much cheaper than doing equity raise when equity is so cheap right now.

This is not a traditional business that has saturated. This is a high growth company with explosive scalability and global reach. We can’t possibly categorise this as a traditional market 13x p/e kind of company. No where near saturation.

Ps: I topped up another 500,000 shares at 0.035. If this goes to mid 20s then I will top up another 750,000 shares.

DYOR

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I also topped up 500000 shares for same price yesterday. Next stop if it goes low .02s I am going to double my holding.

CI1 Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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