CNW 0.00% 6.1¢ cirrus networks holdings limited

Yes the WCG have not been perfect;No Free website offering to...

  1. 167 Posts.
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    Yes the WCG have not been perfect;

    No Free website offering to compete with Wix and GoDaddy. Free-mium was a no brainer and even with hiring a new hosting manager they still have not done this.

    No .com entry price of $0.01 for fist year with 2 year registration so they continue to lose market share to the big players like GoDaddy and Web

    But from a short term investment perspective it's a no brainer that WCG will sky rocket.

    Strong Cash Trajectory on slide 8

    "Acceleration of operating cashflow generation expected from growth initiatives implemented and underway:
    • Cash Balance at Jun ‘22 forecast to be $14m circa.
    • Cash Balance at Jun ‘23 forecast to be $55m circa.
    • Excludes cash used for potential Acquisition
    • Excludes $10.5M CBA Bridge Facility available for Cirrus Networks (ASX: CNW) acquisition"

    source: 1 Dec 2021
    WEBCENTRAL LTD Investor Presentation
    https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02461427-2A1343163?access_token=83ff96335c2d45a094df02a206a39ff4


    CNW can be a part of it if they had a rack space deal with WCG but shareholders prefer to keep the management team and board to sell more tin and de value there own money.

    I believe they expression is

    You can bring a horse to water...

 
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