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New record YTD revenue up 209%, page-61

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CaptainSteve

3,323 Posts.

1270

22/07/21

18:19

Post #: 54700913
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Originally posted by $tockfella ↑

Fair point. But, to this degree, the company is cashflow positive. Profit is one thing, but truly speaking, early stage growth companies chase market share and disruption. They focus on making money and reinvesting it back in to make more money. Inventory purchasing and warehouse expansion is more important than profit in this case, which is where a lot of their capital has gone.

Raising capital for HT8 has only really been done to fund growth and expansion.

If it's profits we are after, then we are here too early. This is a growth story, not a profit story - YET.

For HT8, most important is revenue, then cashflow positive, then inventory management, and then profit.

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Chasing market share and losing money doing it is a fools errant IMO.

Dick Smith famously said when asked how he was successful in business "put your name on the company ( or a persons name at least) and make sure you make money from day one"

I agree.

GLTAH DYOR

HT8 Price at posting: 12.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $2.393M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$1.201K	150.1K

Buyers (Bids)

No.	Vol.	Price($)
1	99900	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	322000	1

View Market Depth

No.	Vol.	Price($)
1	99900	0.008
9	1411000	0.007
2	740000	0.006
1	300000	0.005
1	500000	0.001

Price($)	Vol.	No.
0.009	322000	1
0.010	392291	3
0.012	1355793	3
0.015	3556	1
0.017	876500	3

Last trade - 10.04am 04/06/2024 (20 minute delay)

HT8 (ASX) Chart