ZYB 0.00% 1.5¢ zyber holdings ltd

Ann: Appendix 3B, page-230

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  1. 34,916 Posts.
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    Many here (the positive ones) are predicting this is that time for this stock.

    Yes some of those positive ones have already sold out on this rise (as they've done previously). So be careful who you listen to. By the way I agree, I think this stock has potential right now as a shell with a lot of money in the bank. All the tell-tale moves have happened. Management restrructure, killing off of money-sucking tech product, reducing cash burn significantly, placement to raise decent funds. The missing piece is the next acquisition. Marketcap is a little high that's all for a true shell ($7mill).

    TND might be a good example of a successful turnaround, but I don't blame people for being gun shy wherever Gutnick is, he's burnt many investors over time. There are many examples of shell companies that do not succeed like TND. ZYB is a perfect example twice before this attempt. Plenty of short-term money has been made but a disaster for longer-term holders who believed the story.
 
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