Sorry mate - I think you've misunderstood me; no way are they CF+ right now - if they were CF+ plus expanding then the valuation would be many multiples from here.
I meant they're looking to be CF+ from the IPO raise as in not from the time of the IPO raise but by using the IPO funds to expand and get to CF+ without another CR.
We'll see how they go with the expansion.
I don't normally go into Tech stocks but I liked the look of this one as a lot of work has gone into the tech and a lot of time into building relationships...plus it's my first ever IPO!
Cheers,
GB.
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