They now make 77% of their revenue in Serbia. Only the very confused would put any more money into this. It's now a slightly-below-break-even low-margin medium sized enterprise in Serbia with an expensive hobby (pretending to be a growth company in North America).
Between the likely losses for the last quarter and the fact that they now had to earmark another $1.5M for payments (not to mention potentially more money for Logo which seems to have hit their second revenue milestone) they have to be flying pretty close to the deck by now. Curious as to how the market will react when they're allowed to trade again.
- Forums
- ASX - By Stock
- Now what
They now make 77% of their revenue in Serbia. Only the very...
-
-
- There are more pages in this discussion • 142 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GSW (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online