Cirralto Shares tumble on December quarterly report
- Cirralto (CRO) has nosedived on the ASX today following the release of its quarterly financial report for the three months to the end of December 2021
- The company grew cash receipts to $615,000 for the quarter, up 55 per cent from the September quarter of last year
- At the same time, the company expanded its lending portfolio over the quarter, with a gross client loan book of $8.1 million at the end of the year
- Still, despite Cirralt o’s confidence in its future, investors responded poorly to today’s quarterly stats
- Shares in Cirralt o were down 10.9 per cent at 3:00 pm AEDT to trade at 4.1 cents each
