UNT 3.33% 1.5¢ unith ltd

Gassed, with all due respect Track was not a start up company at...

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  1. 21,951 Posts.
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    Gassed, with all due respect

    Track was not a start up company at time of acquisition

    Glossy Presentations clearly showed that Track had been improving performance revenues and earnings over many years and indicated an EBITDA of around $15m alone

    IMO,
    CM8 has been far too aggressive in pursing growth and now finds itself in a start up ( new company position ) needing working capital going forward..

    Within 70 days Track went from upper level of expectations to lower level of expectations


    DYOR
    Last edited by Merchant2000: 06/07/16
 
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