CKK 15.8% 1.6¢ coretrack limited

Sorry pistoldude, i reckon 40mil right now would get you the...

  1. 6,604 Posts.
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    Sorry pistoldude, i reckon 40mil right now would get you the whole company if someone came along with such a T/O offer ATM. This aint going to happen, not for those kind of bucks not now anyway.

    The Core device is an unfinished project. Ask any of the multitudes of guys who have tried to sell an unfinished project, be it a boat or more often an old car. You never get your money back on an unfinished project, in the case of project cars you seldom get your money back even on finished ones! Lol!

    But for mine I would be very happy for 10 mil for the Coretracker, it would buy a new GT3000 and a nice little tax right off to offset profits from the new rig. Its not Im against the Coretracker, its just from my experience in business you have to specialise before you diversify.

    Developing two techs at once when in reality ATM neither are making us money is madness. Stick with what you do best especially in shaky economic times like these. I know you said you were only being optimistic which is a good trait in a person but I reckon in its current state of development the core device is worth shy of 10 mil. But Im not a valuer so who knows, its worth what someone would pay for it.

    Have a good weekend
    Tretch
 
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