CTQ 0.00% 1.2¢ careteq limited

News: CTQ Careteq Announces Divestment Of Sofihub Business, page-3

  1. 126 Posts.
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    I read an update from fund manager DMX saying they were asking management to divest Sofihub because it was a drain on cash flow. I do agree Hazza that the two remaining businesses are pretty small and have limited growth prospects (niche area as you say) as there are only so many pharmacists out there who are accredited to do these medication reviews. The admin costs of being asx listed are going to mean limited profits flow to shareholders and im struggling to see how this scales to a larger company.
 
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