Strauss.... yep... agree..... YOW certainly in a much better place.... a very tidy story and updates are to die for.
Gotta say though.... the CGS turn around (if ever there will be a time).... is close.
Some of the recent loss you mention is due to...
1) trimming a division (AXOM sports)
2) investing in tech so that one of their main lines can run on multiple platforms
3) hiring more staff than normal to get them some of the large contracts they have been waiting/working on
There is also talk of early money being spend getting ready to have some of their tech FDA approved.
... but yes..... cash and profits always a concern. CGS have said the H2 numbers should better.... and cash is being actively managed.
Not without its risks though.
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Don't get me wrong... love the YOW story... and am actively trading it too.
Just thought may be of interest to the punters.... as both companies had their darker days..... with YOW kicking goals.... mebbe CGS finally to get things moving too.
