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2.5¢ yowie group ltd

I actually feel dumber after reading this. You have basically...

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28/10/16

09:31

Post #: 20188568
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Originally posted by humble69 ↑

I don't care. All I care about is revenue growth and sales numbers. I want them to spend their arses off to grow that sales line. As long as it isn't going to mgt in bonuses I'm ok with it. This is a high growth company and they need to spend. They need to invest heavily in staff, marketing and distribution. Breakeven is irrelevant in this phase of the company's life. They have plenty in the bank and if they spend it in the pusuit of high growth then I am happy with that. They will never grow quickly by cutting back on spending. We have 200m shares on issue and if in 2 years time we need some more cash then they can just go and raise it. This is a company with a small number of shares on issue.

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I actually feel dumber after reading this.

You have basically described exactly why this company has lost 60% of its value in a year.

YOW Price at posting: 56.5¢ Sentiment: Sell Disclosure: Not Held
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