CPH 0.00% 0.9¢ creso pharma limited

Investors selling make no impact on the company's cash flow....

  1. 318 Posts.
    lightbulb Created with Sketch. 93
    Investors selling make no impact on the company's cash flow.

    Yes, they raised recently and I would have been fine with it if they used that money to accelerate sales but instead they went off to chase expansion in another market using equity (which is almost like another CR in itself).

    Again, I'm not saying they aren't building foundations for the long-term, I'm saying that short-medium term there's going to be problems.
 
watchlist Created with Sketch. Add CPH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.