CRO 2.33% 8.8¢ cirralto limited

Ann: $2.6m Capital Raising to Fast Track Growth Opportunities, page-11

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  1. 1,347 Posts.
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    Still no specifics on contracts signed, and a CR for no specifically mentioned deals. Risk just went up IMO, and this may be a sign that they may not be on track to achieve their forecast. Moreover, seems fishy to me that they have just done a CR as the money was already quite low and perhaps didnt sign enough contracts to generate the cash flow to keep going, s0 needed some working capital perhaps. Not a good sign IMO.

    EDIT: sorry should be not held disclosure.
    Last edited by vafooli: 24/02/18
 
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