Don’t know how much of that $6.4m represents a return on capital deployed so it’s hard to justify either way without the detail. Just saying they will never be able to scale a capex heavy model by funding it themselves. A company like this needs to be generating a 15%+ return on capital invested. If they are getting that than fine, they will have no trouble finding someone to fund it with those returns and the industry they are in
IME Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held
