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5.41%

3.5¢ crowd media holdings limited

Personally I bought back in at 18.5c today. Pretty good risk...

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eyesofthedragon

114 Posts.

28/07/17

17:33

Post #: 26148384
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Originally posted by HappyDice ↑

Some great insights and views from these posts. I still haven't invested yet as I've decided that the single largest contributor to CM8 success will be Dom's ability to sit on his hands and pay down 100% of debt and start building a war-chest. Basically - Dom not buying anything.

The cash flow and growth is great and if Dom lets the plates spin as they are, CM8 will seriously take off.

I am just not convinced that Dom is capable of doing this. His entrepreneurial drive will keep him looking to leverage what they already have, rather than run what they already have, until it's debt-free and generate FCF.

I'd rather pay a higher price for CM8 once Dom can prove himself to sit on his hands

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Personally I bought back in at 18.5c today. Pretty good risk reward right now based on the pullback.

Good news is out on the table with more to come in next few qtrlys. Slow and steady to 30c she goes

CM8 Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
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