LAA
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0.00% 5.9¢ latam autos limited

I see it as really bad. Just another tech company losing money....

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  1. axcellence
    26 Posts.
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    22/04/16
    16:32
    Post #: 17581606
    I see it as really bad. Just another tech company losing money. Pox on my speculative skills on buying this company's shares.


    They are basically losing $4m per quarter (operating & investing cashflows). With a cash balance of 16 million, basically they've got 12 months cash only. I am expecting a debt / capital raising coming up.
    LAA Price at posting: 26.0¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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