I understand it is a different business now but until serious FUM comes onto the platform the cash burn will cruel any financial success.
The question is when does all the Wilson HTM funds come on?
31 million last month onto the hub equates to 90 k PA... few lunches for the programmers!
It is going to take a hell of a lot more months like that but more importantly ALL of the Wilson money to come on stream or they will torch the '10 million' they have and guess what is after the placement...the obligatory CR!
I have no advice here i have been since the Findlay's debacle.... but you can't polish a turd as the saying goes - and that is what this mob is to me - and if the loss on re-open is minimal...take the pain is advice to myself
INQ Price at posting:
61.5¢ Sentiment: Sell Disclosure: Held