SPX 0.00% 0.7¢ spenda limited

it's just the beginning for Cirralto!, page-8071

  1. 149 Posts.
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    This stock is still a massive spec stock. But if we can make it to a $1 valuation, it’s almost a self fulfilling prophecy. The size and value will naturally allow it to succeed.

    These are fanciful numbers...but as we’ve seen from the market at the moment (price of APT, Tesla, the GameStop saga etc) anything is possible.

    To that end, I’d love to see management raising some money...

    100m shares at 10c= $10m
    100m shares at 50c = $50m
    100m shares at $1 = $100m

    We don’t need to raise money now, but pulling it in while we’re in a strong position with the wind behind us would be great and add some extra protection / tactical advantages.

    Ultimately there will be 3.2b soi...adding 10% of the soi to protect the company would be my preference.

    Finally while it’s obviously more difficult to do, it’s the same multiple between 1c and 10c that it is between 10c and $1...
 
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