Looking over lordearls earlier posts prior to the aquisition also gives some hints. He mentioned few agencies survive as they are taken over at some point. His original timeline was 7 to 14 years and aiming for 30% margins.
i'd be guessing thats the end game here. Pursue growth hard, get margins to 30% and market off to a larger player at a premium.
its at a CF positive inflection point which hopefully means the business can be scaled without ongoing raises - barring a new aquisition.
Hopefully the remaining 1 million debt can be converted at some stage too.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities Report
Looking over lordearls earlier posts prior to the aquisition...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ENA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online