Cash-burning Freightos – numbers vs promises
Keeping the faith…
ID 156686740 © Paul Tama | Dreamstime.com
The recent rally of Freightos stock (CRGO) from its lows has caught the imagination of a few in our marketplace.
“What’s happening?”
How is it that a stock now in the $3.18/share area – trading low $1.85 set on 26 May post-results – has appreciated +71% over the period?
This month the company released an investor pack in which, the self-defined “The booking.com + Amadeus/Sabre for goods” once more proudly highlighted its growth pattern in the downturn.
That was remarkable, but…
… it’s the incremental ...
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