9SP 0.00% 0.4¢ 9 spokes international limited

Ann: Change of interests of substantial holder, page-5

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  1. 42 Posts.
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    @baldynumbers, You are correct that Alium Alpha only put in an extra $16,735 but I still think its a positive sign.

    • Alium are specialist technology investors so they understand what they are doing. They are patient. Not out to make a quick buck.

    • They must have done their due diligence and liked what they saw. Yes, its only $16K but you don't willingly throw $16K into a dumpster fire.

    • They hold 12% of the shares on issue. Their stake is currently worth $670K even at the woeful last traded price. I expect these guys have much more skin in the game than ANYONE commenting on Hot Copper.

    Yes, it would have been better if Alium subscribed for $250K of shares but some is better than none.

    We do agree on one thing... It will be interesting to work out who bought the rest of the $1.1M.
 
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