Agree, IMO this announcement very much leans toward confirmation of an acquisition in the wings - they get rid of any last piece of Zyber management in a (non price sensitive!) market update & advise that all future dev. work will be done by a third party, no tech company does that (outsourcing key tech dev.), or if they do it's only the heavy, mundane coding & at the very least - managed by a senior within the actual company (not sure anyone is in the Zyber office??). Presume the line about further dev. was just a phantom remark to please the ASX that ZYB is still a marketable asset.
I personally can't wait for something solid regarding an acquisition, any dilution (& consolidation) will be annoying but still better than waiting another 24mths for ZYB to actually sell something to a real customer!
HNY & GLTA
- Forums
- ASX - By Stock
- ZYB
- Ann: Corporate Update
Ann: Corporate Update, page-15
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZYB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online