QFX 0.00% 0.1¢ quickflix limited

Streaming Strategy, page-55

  1. 724 Posts.
    The only thing I think we have got wrong (and I'll be the first to admit it) is how willing people are to throw money into this thing.

    As I've said before with a deficit of current assets vs. liabilities they continue to survive on the good will of creditors IMHO.

    Nothing seen or heard suggests a turnaround to profit or cashflow positive any time soon.

    We may well be saying the same thing in a year's time if SL can continue to persuade someone to throw more cash in, but in the meantime more shareholder 'wealth' will have destroyed at the expense of his salary.

    Good luck.
    Last edited by fp944s2: fix typos 21/05/15
 
watchlist Created with Sketch. Add QFX (ASX) to my watchlist

Currently unlisted public company.

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