CRO 2.33% 8.8¢ cirralto limited

Ann: Cirralto completes $1.5 million Capital Raising, page-5

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  1. 6,851 Posts.
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    They only way this will move will be if they come up with more weird revenue announcements. CRO will have to move very fast to get close to their burn rate numbers as $3m will only last 6 months. The revenues wont matter here, its more to do with breaking even to stop the endless placements. Mr market will kill this off if there is little to show in the next qrt. That is where we all get to see the margins relative to revenues. That is when we can do some numbers for ourselves. dyor
    Last edited by copperroad: 17/08/18
 
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