CAT 0.49% $2.05 catapult group international ltd

Actually, I would really like to see Catapult succeed for the...

  1. 84 Posts.
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    Actually, I would really like to see Catapult succeed for the sake of their many small shareholders. As a former director of ASX listed companies, and someone who has worked in this sector, I may see things differently to many in this forum, especially regarding issues of corporate governance and reporting, many of which I find perplexing and will keep questioning the company's actions - which should be of interest to all shareholders.

    GloriaG - If you see my questioning as down ramping, well that's your right. I see it more as questioning the actions and performance of a public company which seems to gloss over that it has lost its senior management team, lost over 70% of shareholder value, consumed $A120m+ of its shareholder's funds, posted a record $17m trading loss last FY, has lost benchmark clients and made few major sales announcements of late.

    However, if you are really pleased with the company's performance, I suggest you keep following LightForce & Co -- and all will be well!

    Re Statsports capital raising - their COO said that the company, which had self-funded development to date, had sought circa GBP12 -15m based on a valuation of GBP200m, from a number of elite players and investors, for less than 5% equity - and it was oversubscribed. He stated for those that kept saying Statsports has no funding for R&D, that not only had they released their next-gen Apex Pro, they now had the capital to market it globally. In addition, the new funding was to increase staffing levels, bring forward the push in the Americas & Asia and establish a full-service operation in Australasian / SE Asian regions, and for accelerating their expansion into cricket, hockey, and all football codes in these regions.





 
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