CM8 5.41% 3.5¢ crowd media holdings limited

Will seem like a downramper, but as a former shareholder, based...

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. 323 Posts.
    lightbulb Created with Sketch. 11

    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.

 
watchlist Created with Sketch. Add CM8 (ASX) to my watchlist

Currently unlisted public company.

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