Bankruptcy & Debt Reduction ''is the future''. Massive Market share in Hong Kong, Singapore & most recently Australian acquisition. Business model can be taken anywhere, further acquisitions into the future In US & Europe perhaps.
Chart Update
TA
- 2.4 = Major Support
- Hit and bounced straight off the 200 Day MA last week
- Chart has set up as a very ''Bullish Pennant''
- Approximately 2 weeks to possibly push out of the Trend-Line here
FA
- 'Bottom fished' this one a bit, but leading up to the Financials / Full Year Report and another Divvy from an expected NPAT of between $2.5 - $3.0 Million (+420% Increase) on receipts close to $14 Million (+125% on pcp), should receive some further attention.
- With funding drawn upon when required from LSW (LS Whitehall Group) I don't see a problem with paying divvy's every 6 months here, as well as providing shares for acquisition to keep Cash tight, all things look rosy @ CI1.
- Alan Kohler suggesting a figure of 100,000 Bankruptcies / Insolvency’s Post COVID across Australian Business on ABC News Sunday night. September 25th is the cut off date when the recent law of being able to trade insolvent Ends....
