Ann: Security Purchase Plan, page-73

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prosperity

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24/04/21

07:07

Post #: 52693552
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Originally posted by mrspeculator: ↑

I never realised when I bought this stock that the one huge problem is the company's cash burn. It really needs new management. My ego tells me I'm right in holding the stock, but the market indicators are telling me to let it go. I never thought I'd say that. I've only ever been a small parcel holder, but there are sone here with huge holdings. I can only imagine how much they're down.
I suspected there was something wrong when it never ran hard on good announcements, or retraced back to its starting price next day.
The next big negative is this CR is lower than the previous, and is occurring with a bearish pattern.
The company will not work with current management.
The starting gun has fired and they are still doing up their laces.

My opinion. Do your own due diligence.

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Correct, a team that has delivered dilution in a hot sector. They talk a dream and deliver lemons for holders. No one should support the SPP. It is wasted money when the SP is at current levels. Time is ticking and support for the SPP will wane.

Afterpay is the benchmark. Z1P are SZL are also much greener pastures than this dog stock that is pushing a 60% drop from recent highs.

Last edited by prosperity: 24/04/21

OPY Price at posting: $2.09 Sentiment: Buy Disclosure: Held
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0 Great analysis

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Ann: Security Purchase Plan, page-73

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