CAT catapult sports ltd

So we raised maybe $17mil last May and for this we gained an...

  1. 1,487 Posts.
    lightbulb Created with Sketch.  7
    So we raised maybe $17mil last May and for this we gained an extra $800k for that.

    15-7-16 $100mil raised @ $3.00
    02-05-17 $ 17mill raised @ $2.00
    27-03-18 $ 25 mil raised @ $1.10

    That's around $130mil less than 2years. Thats more than half our MC.
    Mind you there is only $35mil left in the kitty as well. Thats about 1-2 qtrs given $22mil out the door this qtr.

    Next raise soon will be $80c?

    We are still struggling to be cash flow positive.
    Not that i mind that but the revenue now really justifying the MC.

    how long do you need to give a company to start showing they have the right model to make coin.
    Clearly they don't have it now IMO.

    The prosumer entry is new so i would say that is an after thought.

    I want the original business to prove its worth.

    Why am i still here. Someone please remind me.
    I know there are a lot of positives - just my evening gripe. Good luck all.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.