5GG 1.85% 5.3¢ pentanet limited

whats the go with this nvidia thing, page-40

  1. 69 Posts.
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    also, just in response to these two things separately;

    "- There has been no forward advertising by the theoretical cashed up competitor!"
    Pentanet themselves did not start advertising this shield platform, until they secured the funds from the ipo.
    The ipo on this was essentially a "this nvidia thing looks interesting, we'll get investors to pay for it though and we will find out if it works. If it does not work, oh well, lets look for another thing to try and distract people away from us losing money as an isp, while we still figure things out". They have disclaimers all through their prospectus. There's no maths they have done yet as well. Otherwise we all would've seen their actual business case on this thing. This looks more and more like a huge gamble, on something they are still yet to produce a commercial business case.

    and this one;
    "Pentanet management are working collaboratively."
    I take with a pinch of salt as well. Their business news announcements through the few years have been interesting. Some of them have just been such "so what, this is business as usual for most in the internet business", but they will still do an announcement of something as simple as saying they are 'partnering' with NextDC (ie, bought/leased some rack space, which is required to do, if you are an isp. Nothing special here) and 'laid hundreds of km of fibre' is such BS, when they wouldve essentially just signed a dark fibre order with vocus, to use THEIR fibre.
    I also had a friend reach out to me and ask 'who are these guys' when they announced they were 'in talks with murdoch university about hosting esports in wa' (again, trying to use big names, to make themselves sound important), they also told me that murdoch had one meeting with pentanet and said they were not interested.
    Why would they then announce publicly otherwise?
    It's these types of announcements, that throw red flags up and wash away pentanet's credibility.

    The term 'fake it until you make it' keeps coming to mind.
    But there's surely some substance somewhere, for those that have invested in, to have done in the first place. Or are they just 'playing along' now, because they are in escrow for the next ~2yrs and are doing what they can to continue the illusion, until their lockdown time is up, before they bail out, leaving the retail investors stumped as to why the sudden crash?
    Im desperately trying to find a proper reason why someone would put $$$ in the long term for this company, unless most people that have put in, have done so for the short term gains (trade, rather than investing to expect a return at some point). If for the short term gains, then i guess those that put in during and pre-ipo are definitely winning right now. Question is, if this is truly an illusion, how long can they keep it up and at what point does it start to climb down as people start to realise (or dump before losing too much).
    Why would anyone otherwise think this company is going to actually make a profit, with how they are financially trending?
 
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