SPZ smart parking limited

wow this is quite for such a story

  1. 99,069 Posts.
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    morning all,

    what an amazingly silent forum for such a story.

    Two of Australia's wealthiest people pouring money into this -
    both dedicated stayers with a company.

    Both clearing the decks from other companies.

    And most importantly -- they have only been together in huge winners.

    Chris Morris --- AND most importantly his sister Penelope Maclagan.

    Both built cpu - long term and both very active.

    Morris had a go with webfirm - turned into adslot and was a bit of a fizzer --------- but, interesting, sister wasn't in with him.

    He stuck though - for years - and has only recently pulled the pin - to concentrate on other things.

    SPZ is one of them.

    Penelope has been in SPZ for a while as well - but it is really important to notice - this is the only one they are in together aside from cpu ----- as far as I know.

    Morris sub underwrote the last issue all by himself - $12 plus million ------------ wasn't needed as insto. take up was great -------------

    retail was ordinary ------------- not surprising as there is bugger all on hc about it -------

    talk about flying under the radar.


    This company right now smells very strongly like IPR - now NEA ---------- 3 cents to 60cents.

    Very very similar - but stronger imo.

    Common thread ------------ recurring revenue.

    I am stunned at the silence on this stock -------

    actual products, actual revenue - actual trials with big councils and ongoing revenue and have already recently raised capital.

    Suffers with a similar problem as NEA -- time to contract - obviously - you are dealing with government - how can it be any other way.

    But, some councils are in --- others will follow - they always do.

    Where this is massively different to NEA is that when gov. bought NEA service - it was a tool - it did NOT make immediate income -----------

    SPZ does ------------ as soon as a council puts it in place - money rolls in ----

    and, SPZ gets a cut.


    this is an amazing story.

    good luck to you if you read this.


    have a great day all

    Pinto
 
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Last
93.0¢
Change
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Mkt cap ! $381.4M
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