TSXV:CTW - Post Discussion
Post by
smigel88 on Mar 21, 2012 3:39pm
ctw has 9.3 cash at hand
Reviewing the
Q3 2011 financials shows that CTW has
$9.3M in cash, net equity of $7.3M and is on the verge of a breakthrough as revenues increased from the Q3 2010 figure of $7,500 to $348,000 in Q3 2011, with
.9M to $1.1M in revenue expected for Q4 2011.
With the tremendous growth in revenue and continued technological achievements, it won't be long before the company is profitable. Large investors feel the same way as the company completed a
Short Form Prospectus offering at 40 cents last summer which was heavily acquired by insiders and institutions, led by
Hunter Hall. Astute investors can take advantage of the current stock price and buy the stock for a quarter of the price that these very experienced Fund Managers paid for Catch the Wind.
Jacob Securities has a price target of 70 cents on CTW. TSX News agrees with this assessment.
Be the first to comment on this post