FLX 5.56% 19.0¢ felix group holdings ltd

This will make it something like 10 years + $51m of capital...

  1. 152 Posts.
    lightbulb Created with Sketch. 76
    This will make it something like 10 years + $51m of capital which is now worth only $12m.

    With their current burn Vs growth rates - they will need another top up before they break even. Despite all the big names they drop - there is not a lot of revenue to show for it.

    When you google "escalating commitment to failure" you should see images of Felix board members.

 
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