CPH 0.00% 0.9¢ creso pharma limited

Its another company I invested in called DXN LTD... Modular...

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    Its another company I invested in called DXN LTD... Modular data/IT company.. it has approx. 1.1bil shares outstanding with a market cap of just under 15million (But they are pulling in close to 8 mil already in revenue this FY alone)..

    of course its a completely different industry but my point here was basically looking at the financials of the company..

    DXN pulls in 8 mil, is cashflow positive... and sitting on a market cap of $15mil..

    Whilst CPH pulls in 6.5 mil.. NEGATIVE outflow of 21 mil.. and sitting on a market cap of $100mil? (Its a F****g joke bro.. )

    It doesnt take a rocket scientist to know the cash burn in CPH is not sustainable.. and it has been this way since the beginning.. and why would it change if the ones controlling it hasn't left the building yet..



    Last edited by edwardc: 02/02/22
 
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