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0.9¢ creso pharma limited

Ann: Prospectus - Bonus Options, page-99

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edwardc

709 Posts.

135

22/11/21

22:20

Post #: 57766654
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Originally posted by amb005: ↑

LoL Aged like milk, lol being cocky about a cent upmove and then now look at it, down 33%. And it will get worse soon, 10cent wall probably break tomorrow.

CPH a company that is paying staff and admin and average of $3million a quarter.
Losing on average $5.1 million a quarter for the last year of quarterlies, with 11 million in cash left, nowhere near cash positive.

The way they burn through cash they will need a cash injection within the next 9 months, whos going to give this company cash now?

I am surprised its still valued at $120 mill. Would still be overvalued at half the price.

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@Suwang must be so embarrassed that he is still keeping his head in the sand..

CPH Price at posting: 10.0¢ Sentiment: Sell Disclosure: Not Held
3 Upvote

0 Great analysis

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