I have three concerns for PSF at the moment:
1. CR price could be 2c, so why buy now? Better to wait to see what it will be.
2. If I recall correctly, market cap will be around $60m fully diluted at 3c if CR is at 2c. That's quite high for an RTO prior to completion.
3. The problem with telco data has been bandwidth, as far as I know. Won't free data put more pressure on bandwidth, thereby making free offers useless?
What's going to be so special about the prospectus?
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