CRO 2.33% 8.8¢ cirralto limited

Sell side thin, page-109

  1. 346 Posts.
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    I read an announcement from LVT (similar theme, SAAS) recently, who are trading at a cap of $210m~. Their growth progress doesn't seem to dissimilar from CRO's.
    Assuming CRO are still on track for $4.2m guidance, approx $4m would be in the last two quarters. This excludes potential contracts to be/have been signed (up to 4 months worth).

    CRO's recurring revenue model should see a consistent income stream over 4 years. Honestly, it's hard to not see the potential that Shaw sees. Give it to the EOFY and I dare say our growth won't be too different IMO.

    A lot of you might disagree, but 4 months since the guidance update and all we've gotten is a CR and mandatory ASX releases. 10c is the obvious barrier here and I don't see this being broken until the market is well informed about the companies cash flows.

    DYOR etc
 
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Currently unlisted public company.

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