Originally Posted by
Justin
hi balance
i did some google search, unfortunately there are not much info available, but I still got some.
Provenco busted because their debt burden and sluggish market due to financial crisis 2008 and Wynyard busted because they running out their funds from their lender.
I’m glad if you like to share more of their story
Let’s back to Plexure, they don’t have any debt at moment and they got around 13.6m at bank (30/10/2019), 2019 financial year their net loss after tax is 0.7m. And they’re investment to build capability to support up to 500 million end users. and it now has more than 128 million users globally on its platform (22/7/2019)
Finally, let’s forget market going up and down, it’s happens every day, and no one can buy lowest and sale highest and coronavirus which will gone next couple of months, let back to fundamental of this company.
What’s the specific reason do you think the plexure will going busted like other two?