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20/02/18
15:08
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Originally posted by BlindBull
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What is it you think will actually happen here???
By trashing the company they are going to go to 1c and close the doors?
This is a company that has just passed $A100,000,000 in annual rev, and is growing fast. Yes some of the revenue is accounted early thanks to the financing.. My company does exactly the same thing! It is literally a win / win for BIG and the customer. Big get the funds up front and the customer pays the amount in installments with 0% interest..
No different to Afterpay.
The largest growth over the next few years will come from the US, where absolutely none of this is even relevant as there is no FCC, no funding, just huge potential customer base being driven by Zeta. We are not talking small fish here.
No matter what BIG comes back with here the result will be the same. It will be sold down on open, bought up by those who can see that this all means nothing to the viability of the business, and then it will keep on keeping on.
I look forward to buying more and then seeing the share price go back to $5 and beyond (conservatively) in the not too distant future.
BB
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I agree with everything except for the $100m in annual "revenue". We are not there yet. We are however very close to $100m in annualised "cash receipts".