you must be forgetting all the millions in pre ipo con note money raised before the ipo that are used to help reacj these milestones. Plus the company has been around since 2017, so its not exactly a start up, but hasn,t achieved 1 single milestone as per the prospectus. The only thing theyve done is dilute shareholders by raising $20m cash and lining their own pockets buying shares by management at 13 cents, one week after selling shares to mum and dads at 72cents.
having 80% gp margins on the minority division of the business should be looked at fhe context of the GP margin across the total business, which is 43%. How does the total gp margin of this company compare to the total gp margin of its competitors? Could you please let us all on here know. Thank you doggy.
mate, the bloke lives in ballcatta. Are you kidding me. Median house price is $550k, 10% above the median WA median $490k. Hardly shooting the lights out. But that sold the house story is a lie, trying to piggy back off the iinet story. This company was funded by his mummy and daddys successful steel fabrication business, so being born with a silver spoon in your mouth is hardly the sign of ambition and resilience, or skill!
name one investor with telecomms investment background invested into this company.
besides thorney and escalante, both billionaires taken position sizes its the equivalent of $5k to them, name one other "tech investor"
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you must be forgetting all the millions in pre ipo con note...
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