The main issue for this company is indeed it's cash flow. The "smart" bit is too expensive to be funded by the non-smart bit. It is being propped up by the services arm which lost a major client (ASDA) which incidentally didn't use the smart technology.
The bit you should all be watching is the UK's Department of Communities and Local Government who are planning more restrictions for the non-smart bit which is likely to result in less income / more restrictions. Announcement due this year they say.
Has the potential to quickly spin out of control should those announcements cap the income for cash generating side.
Options are to sit on your hands and pray (if you can do that without yoga) or get out and come back in after the announcement. Holding or buying is for those with knowledge of what the UK Government is going to do.
- Forums
- ASX - By Stock
- SPZ
- Ann: Trading Halt
Ann: Trading Halt, page-12
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPZ (ASX) to my watchlist
|
|||||
Last
54.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $190.3M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8969 | 55.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
59.0¢ | 20288 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 8969 | 0.555 |
1 | 9064 | 0.550 |
1 | 4350 | 0.540 |
1 | 288 | 0.535 |
4 | 35205 | 0.530 |
Price($) | Vol. | No. |
---|---|---|
0.590 | 20288 | 2 |
0.625 | 3000 | 1 |
0.630 | 2966 | 1 |
0.635 | 7259 | 2 |
0.645 | 18763 | 1 |
Last trade - 10.28am 08/08/2024 (20 minute delay) ? |
Featured News
SPZ (ASX) Chart |
Day chart unavailable