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Ann: Half Yearly Report and Accounts, page-9

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Joshwilliams95

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26/02/21

10:48

Post #: 51353906
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Originally posted by Joshwilliams95: ↑

Wouldn't worry about these results too much today.

1) Crowd has restructured their financial strategy and is re-focusing on brands that will maximise profits.
2) If you look carefully, they have reduced a lot of operating costs by a significant margin.
3) Crowd has 5 million in cash and has extinguished all debt, giving them a 2 year run.
4) The talking heads project is already generating revenue and it's only in it's beta stage.
5) We have to remember that these results are all prior to 31st December 2020 and that Crowd has come a long way in the past two months.
6) The talking heads project is expected to generate enormous profits and launch the company at a "conservative billion dollar valuation"
7) Personally, I'm in this for the long run and I don't care what the share price drops too because I believe that investing in a companys' vision is more important than the numbers because investing is a long-term play. Also just because a company is considered a "growth speculative stock" does not mean it's a "risky investment". Crowd is turning the page and this financial report is going to be the last "negative" report.

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Originally posted by Icarus: ↑

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Originally posted by Icarus: ↑

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I wish mate hahaha. This is my first ever post to HotCopper so don't really appreciate you undermining my opinion

Originally posted by Icarus: ↑

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CM8 Price at posting: 3.9¢ Sentiment: Hold Disclosure: Held
11 Upvote

1 Great analysis

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