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Ann: Investor Presentation-CM8.AX, page-28

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  1. 21,951 Posts.
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    ''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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