CRO 2.33% 8.8¢ cirralto limited

Hi Baby Turtles, Absolutely all valid points. To my...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,857 Posts.
    Hi Baby Turtles,

    Absolutely all valid points.

    To my understanding MOT already own the MU2 conversion tool and earn revenue from it.

    Exactly how that revenue is being made still needs to be detailed publically imo

    From my understanding MOT is not a shell but is a company with a portfolio of IT assets which are (as announced) earning revenue or about to earn revenue.

    Buyers are matching sellers at 0.001 which equates to a $7m valuation. No one can argue with that fact and alternative valuation opinions are simply just that - opinions.

    There are certainly other examples where IT companies are earning no revenue whatsoever and have valuations much much higher than MOT's

    A great story is unfolding here but certainly not without risk.

    You'd probably agree greed has killed so many deals. I certainly don't get that impression from current MOT management.

    BUT a revenue guidance note for MOT's current assets certainly wouldn't do any harm.
 
watchlist Created with Sketch. Add CRO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.