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Mitcham3133

117 Posts.

6

30/04/18

10:49

Post #: 32761111
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Originally posted by copperroad ↑

You should get that in the qrtly. That was probably the point of their recent announcement. It read like a pointer.
This is already making money, it’s not on a promise any longer like 70% of listed companies. Right now, it has real recurring revenues and real world products. I assume the report should hit tomorrow.
I am hoping we have some guidance. This has gone from expecting revenues of $2.3m up to $4.2m for this year already and perhaps that gets a lift again with any luck. Not bad growth in any ones books.
There seems to be this ‘where are the contracts’ need all the time and all i can say is, where do you think the increased revenues are coming from?
Obviously the new asx crack down and confidentiality clauses might hold back some of the hype. The last contract provides access to 50% of the Australian and NZ pool franchise market in one go. If you consider what they get over a three year period per pool shop, it’s not hard to do some envelope numbers. Take a relook at the preso.
We don’t have long to get the pulse of progress anyway. Dyor.

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I'm pretty optimistic re. cro at the moment....but it does worry me a bit that there are strong sales at 72c today....why is anybody selling low a day or two before the quarterly?

CRO Price at posting: 7.2¢ Sentiment: Buy Disclosure: Held
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