Hi Winsomelose,
They have already been doing the staged approach and it has been slow progress IMO.
They have had around $1m already hit their bank account this year via sale of Copper asset and first stage of funding and yet Bizmoto registered agents only increased at a rate of 2 per day over the last quarter.
Competition in Philippines in this sector is very hot at the moment and I believe they need to launch BizmoLoan ASAP (which will need significant funding) but more importantly grow their agent base rapidly. (which will also require significant funding).
$1.5m just won’t cut it IMO given that they are running at significant loss each quarter.
cheers
Hi Winsomelose, They have already been doing the staged approach...
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PIL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $21.21M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $65.3K | 7.176M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 7593550 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 5197721 | 13 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PIL (ASX) Chart |