yes you got it correctly.
No spx may not be cash flow positive, we are in a speculative low cap part of the market....
So everyone has their own aspects of what they decide might be a negative or positive direction for a company and if that is in the risks tolerance for their investment thesis.
The story for me building around Spenda is growing in a positive momentum, despite the area's missed prior to this 4c.
My take long term is one that has let me buy and hold shares and im happy.
But that doesn't mean I wont look at the negative aspects, currently there are not enough to justify selling.
The target market and future use case at least how I view what Spenda can do is definitely worth the risk.
Its hard to find a similar competitor to SPX on the ASX with this type of service.? If you know of a better company that is on the ASX please share the code so we can have a look.
thanks
yes you got it correctly. No spx may not be cash flow positive,...
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0.9¢ |
Change
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Mkt cap ! $38.92M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 0.9¢ | $101.4K | 9.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 5355167 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 597838 | 2 |
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