CRO 2.33% 8.8¢ cirralto limited

scalability, page-14

  1. 5,167 Posts.
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    So was it, Cro never had a dollar revenue from Telstra? They had $2.4m to $4.2 of booked revenue coming from Telstra then they said cancel contract, then they had to reverse the booked revenue and ended up with zero.

    Nothing you can do about that. It happens. So there was no iron clad contract. Very disappointing.

    Very complicated for me as I usually stick to the mining stocks. Pipelines, verticals, engagements, booked, contracts you can’t see to see the fine print. Too much risk for me. I not that smart to understand all of this obviously. If I knew booked revenue can be reversed I would have perhaps made a different decision when the share price was tanking from 9c and went under the recent cap raise at 6.7c. Anyway thems the breaks. Live and learn.
 
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Currently unlisted public company.

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