Will seem like a downramper, but as a former shareholder, based on the fact that Dom chose to not disclose any ebitda, cashflow and q and a and subscription revenue growth, it is best to assume all of them to be negative. This means negative ebitda (even adjusted - not that they have much to adjust for anyway with 0 subscription assets), negative cashflow, and a decline in revenue.
Will they pay down the debt (do they have enough for operations after paying down)? Or extend it when time comes? They are only raising 700k, and it will be 100% be under subscribed, so what will be their plan?
One thing i learnt, the founder director owning a significant amount of stocks doesnt mean much if the directors interest doesnt align with other shareholders.
- Forums
- ASX - By Stock
- CM8
- Ann: Share Purchase Plan
Ann: Share Purchase Plan, page-21
-
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CM8 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
NXD
NEXTED GROUP LIMITED
Nick Poll, Managing Director
Nick Poll
Managing Director
SPONSORED BY The Market Online