OTCPK:CAWW - Post by User
Comment by
AndyNewmarkon Dec 17, 2018 4:37pm
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Post# 29126088
RE:RE:Breaking 30 cents
RE:RE:Breaking 30 centsMr. English - you make sense with your post. Having read the research notes from one of Inv Banks, they make note of the loss of a 'major client'. The note on why, is of course, more vague but it looks as if your info may have the credibility to be the true reason.
Here's the sentence from the research note:
"" In mid-August, workload from a major client significantly dropped ""
So expect future rev's to be furter handicapped because of this client loss, which only happened in August in a quarter that ended Sept 30. Going fwd = troubling... to be sure. That's why it's trading where it is.