I remembered asking Idan about the larger expenditure for the past quarter and if I remembered correctly, he mentioned it was mainly for advertisement to increase the subscription. I think this has happened and we will see the revenue in the next quarter.
So, it was an expenditure that will generate an income. I don't think that last quarter advertisement expenditure will be repeated.
With the extra revenue coming in and the termination of that big expenditure, I am not sure we can deduce that we need a CR.
Furthermore, in the event of a CR by Peak of any share, the share price will rise substantially just before.
You can easily check that from history.
So, I think whoever has bought during the last 2 days have set themselves up nicely. Thks to all the generated fear.
Ann: Unith Investor Briefings, page-238
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