Investing for growth as expected. They raised a large amount of money from McDonald's - what would be the point if they didn't intend to invest it? The company had money and was cashflow positive at that point, they didn't need to money to keep the lights on, they took it to invest.
Very happy with the report, keep up the good work. Once they grow decent leverage they will be spitting out cash.
My previous comments were that PLX is having to spend up BIG to support the McD contract. Results show that to be the case.
But hi, as I wrote a few days ago - there's every reason to be very happy with the markets at present!
I’ll be honest I sold at above $1 again . I topped up at 0.39 and above during the coronovirus dip so wanted to actualise my profits and not be greedy.
Still on my watchlist and I’m still bullish long term on plexure but everyone has different strategies so it didn’t make sense for me to not exit
I’ll be honest I sold at above $1 again . I topped up at 0.39 and above during the coronovirus dip so wanted to actualise my profits and not be greedy.
Still on my watchlist and I’m still bullish long term on plexure but everyone has different strategies so it didn’t make sense for me to not exit
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