''CM8 is making ~$1m per month. It has as far serviced all payments from original financing and cash flows and has built out its platforms as well as establishing a new HQ, housing a mobile first tech team.''
The best thing about HC is that everyone can express their opinions or view points
From where I see things ..
The market and I currently share the same concerns
CM8 since listing has acquired a private company Track for $35.5m plus earn out which we were all told has EBITDA of $14m-15m
That equates to an EBITDA of over $1m per month alone.
Like stated previously anyone can buy a business with debt of 12% and 15%
What has CM8 achieved ( without Track) since listing in terms of revenues and earnings ?
What success has CM8 proven with earnings since listing from its non Track business model?
IMO,
The price is 22c -23c as this factors in all the uncertainties and lack of quality of the Q and A apps going forward and then you have $19m in debt
DYOR
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