Bullboard - Stock Discussion Forum Coloured Ties Capital Inc V.TIE

Alternate Symbol(s): APEOF

Coloured Ties Capital Inc. is a Canada-based investment company. The Company is focused on investing in early-stage commercial ventures and provides investee companies with capital market access and advisory services. The Company invests in equity, debt and convertible securities, which the Company intends will be acquired and held both for long-term capital appreciation and shorter-term gains.... see more

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Coloured Ties Capital Inc > Financials out

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Post by ChinookGeo on Aug 31, 2021 9:04pm

Financials out

Like to hear your thoughts from latest Sedar filings. My take away :At June 30, 2021, the Company had consolidated working capital of $22,911 compared to working capital of $26,504 at September 30, 2020. So a further reduction of capital of almost $3.6million?

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Comment by quicksilver545 on Aug 31, 2021 10:15pm

Working capital has declined mainly related to the declines in investments such as AGN, DOCT, and ALPA. Cash reserves have actually increased to almost 14 million CAD. TELE debuted today and was doing well on high volume. I like the foray into Telehealth as it has high margins and is growing. Also the upcoming investment into sports betting will be their largest, and is going to be a huge market ...more

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