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10:51
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Originally posted by Winner55:
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I don’t share your concerns; on the contrary, I think the the acquisition of Appstab and the capital raise were both do or die necessities. Without the Appstab acquisition CRO would be dead in the water, with neither MasterCard, Fiserv or Visa being willing to strengthen their relationship with a company which didn’t own its essential software. Further, the cap raise was needed to allow for rapid growth in a space where maintaining first advantage is essential. It also signalled significant confidence in the company’s future. Big money doesn’t get invested in companies without a future. CRO’s progress after the 2 events is testament to the fact that they were important.
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"it is only a matter of time, very little time IMO, before a raft of significant announcements will flood out and the ASX will not be able to hold them back."
(20min delay)