Based on Q4 results and factored growth over last year, I am expecting Q1 result to be cash positive or breakeven to the least. Which basically then leaves the cash deficit of 15m. If you look at 10-20% growth over 3 years which every tom,dick & harry businesses are making I wonder why does it even matter whether you have 15m deficit now or 20m. Matter of fact is VIP increased their revenue 50 times in less than 5 years. This is proven and I see now reason why this can't be repeated in SEA.
E88 Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held