I'm pretty sure last time the CEO spoke at the Sydney Roadshow, and the video was posted on HC, that Vonex were already expecting "cream" on top, financially.
I had the impession that meant they were breaking even..already.
So any new business since then is profit, and that's what the RhinoCo deal will do, ie. produce cream.
Can someone who's heard the video verify this for me please. ie the mentioning of cream on top!
She also mentioned that the Capital Raising will be used to employ some expert developers into Angus's team and funding strategic marketing!
They do know what they are doing! Even offering the cloud hosting for corporations!
Not to mention what Oper8tor will do, but let's focus on their bread and butter first..
I don't know about you, but when I hear 'cream', I say when are you bringing out the jam for the scones? and tea please?
AWD Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held