PIL 0.00% 0.6¢ peppermint innovation limited

A bit mixed for me cocoman. Looks like they have recieved 200k...

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  1. 993 Posts.
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    A bit mixed for me cocoman.

    Looks like they have recieved 200k of the smidge money so theres 800k to come i would guess over the next six months. Maybe enough to survive the quarter without a CR. Not sure I can smell one and I think the market can as well.

    Pleasing to see revenue up but I think they may have gotten a bit ahead of themselves in terms with the growth rate and uptake of their system.

    Forward looking statement was good I thought but going to require more patience.

    Not sure how the market will take it will find out tomorrow. I think that its probably fairly priced at the moment however its a micro cap growth stock so its going to take another 2 or 3 quarters minimum to see what the trajectory is. If they can keep doing double digit growth % quarter on quarter that will be good.

    Anyone elses thoughts?
 
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