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8.16% 5.3¢ pentanet limited

News: 5GG Pentanet Says Qtrly Revenue A$4 Million, Up 38%, page-2

  1. BaronHarkonnen
    76 Posts.
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    28/01/22
    13:32
    Post #: 59191588
    This is a disaster. The company's NVIDIA cloud gaming platform rollout is a joke. Negligible QoQ revenue growth for a pet project that has consumed enormous volumes of capital. There are no tangible indicators that this vaunted "cloud gaming" platform has added any value to the company. And then there's this new "strategic acquisition" of a 10% stake in an AI company. As with the cloud gaming platform - the barest sketch of a business case behind the transaction.
    5GG Price at posting: 37.5¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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