I actually thought Health Engine has raised way more than that (i can see that 50mil mentioned in an AFR article)? I will investigate. As for 1st.. this is what I can find:
- IPO was 5.3mil
- 1st CR (9/11/15) was 1.23mil
- 2nd CR (14/11/16) was 5.5mil
So in summary 1st has raised $12m... BUT... they still had 3.7mil in the bank. How much will they go through this quarter who know but I am of the opinion it will be less than 700k (maybe I am too hopeful)
I personally do not care how many hits a site gets... I care how much cash it generates and this baby seems to be growing. Bring on the next quarterly. So until someone can show me how mush cash Healthengine generates for their 50 mil of expenditure, website hits would be last thing I would use to compare the 2.
- Forums
- ASX - By Stock
- myhealth1st website traffic stats vs healthengine
I actually thought Health Engine has raised way more than that...
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