Anyone got the Australian Business section handy look at the mess and the money thrown at Comindicos Telco. Revenue of 2.5m a month yet they say at the end of the article the company is worth $400m.
NWL has $30m a month rev. with Digi. and is valued at $31m.
Investors including News Corp will now provide $70m in new funding to comindico in the hope that it'll survive. Don't like it's chances.
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- ASX - By Stock
- Comindico's Article in the Australian today.