Great post spyda. I have followed this company for a long time...

First 10 Last

Share
Profile

Follow
creative

583 Posts.

49

06/05/19

22:14

Post #: 38436489
Share

Originally posted by spyda: ↑

Share are all issued now, roadshow is starting in approx 2 weeks.

Soooooooo much potential at these prices, just to break down where things are at:
Approx $5 mill market cap @0.008c with approx $1.6m in the bank. CRO only made $188k in revenue at the end of FY18, it should hit the $1mill mark easily by the end of FY19!!
Customer base is growing every month now, EMBU contract to deliver Poolbox to minimum 150 stores by the year end with an expected minimum $1mill in revenue (by Dec 2019, market definitely hasn't valued this into the share price as of yet).

We have the roll out of CRO's food production version of the "Box" software now gaining traction, the roll out of the Beta version of why my understanding is Westpay's merchant product to Pool Box (expected in this quarter). Followed by the roll out of CRO's own integrated payment service in the next 6 months and not forgetting CRO is still in discussions with multiple parties to secure a major distributor in the US for Pool box (this could be a huge deal for CRO)

Worst is behind us now with an excellent 6 - 7 months ahead, customers growing every month, revenue growing every month, road show should really get the story out there, Peter Richards as chairman, new CEO at the helm (Adrian Floate is no stranger to success)

Expand

Great post spyda. I have followed this company for a long time and understand well the problems they faced and now all this behind them with Adrian and Francis taking the helm with skin in the game. Its really great picking stock up at such cheap levels without any social media ramping. The company is fully focused on bringing value to shareholders.
Adrian is tech expert well respected in his field and Francis has had years of experience as a deal maker and stockmarket professional. Yes there is a roadshow coming where the company will no doubt make clear the mechanics of cro and the scalability of their products. Looking forward to the Day that the Market Cap approaches 100 mil. Wrt to share price, 4c is not unreasonable and more when instos cotton on

CRO Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
9 Upvote

2 Great analysis

Reply