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15/07/21
08:31
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Originally posted by Treba:
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A CR is inevitable. Probably 3-6 months. Hopefully at a higher price. No one will argue that one is not on the horizon as capital is needed in the future. Its not a dirty word but a necessity if splitit is to succeed. Cashburn of $20-$30 mill per quarter. That is therefore a required MSV of $1 billion to achieve profitability. ($4 billion annualised) Thats not going to happen within the next year. Sureley you know this and I hope you were not expecting profitability any time soon (5 years). If so you have made a mistake in your investment. You do realise this is still a very risky stock?
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I think 5 years is way too long in the current space. I only have 5000 shares so not really stressed about it. Still like to see this thing going places