SRF 0.00% 0.0¢ surfstitch group limited

Pump and Dump, page-6

  1. 1,707 Posts.
    lightbulb Created with Sketch. 11
    I think its probably worth the 90c people payed in the IPO. The business has grown substantially since that listing. Their gross income despite the loss they are going to make for 2016 will have increased and I think if sonard can just cut costs they should return to profitability in 2017 at which point there will be way more potential for growth than at the time of initial listing. This all assuming the business isn't in free fall and there are no nasty surprises when we get the results in a week.

    The market has hammered this but liquidity is still very low so what do you expect.
 
watchlist Created with Sketch. Add SRF (ASX) to my watchlist

Currently unlisted public company.

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