I'm back ! 6 months to June and income for the period, despite reports that they were monetising dealers, was less than half of the 12 month period. So much for an income stream from dealers. Guys, don't think for a minute this is another carsales.com.au the region and the way they buy is very very different. Cash burn will see them out of cash in around 15 months. No doubt plenty of takers will tip in for the longer term but no fundamentals in this stock.
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