EXT 8.33% 1.1¢ excite technology services ltd

Ann: Sale of cp.Protect and cp.Discover Technology Assets, page-27

  1. 1,048 Posts.
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    IMO management were whipping a dead horse with their old products.

    As there is management within Brace this alleviates my concern about it's performance, because as others have mentioned, CPT management have done a terrible job prior to CY21.

    I too, have invested on the basis they'll achieve cashflow/EBITDA Breakeven soon when looking at the past 2q of growing revenue of Brace, and this recent reduction in cashburn might make this possible even sooner than I initially anticipated. Seeing the next 1-2 4Cs we should be able to pinpoint when that is within the next 12 months.

    If they manage a second acquisition with solid terms like Brace, I'll be personally doubling my investment here immediately if it hasn't already moved up significantly.
    Last edited by JAar: 24/09/21
 
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