CF1 15.4% 2.2¢ complii fintech solutions ltd

Ann: Intiger Confirms Strategic Focus on Fintech Advice Solutions, page-22

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  1. 1,259 Posts.
    lightbulb Created with Sketch. 9254
    Talk about sugar-coating the main message with fluff.

    Whichever way one chooses to spin it, it's pretty obvious that general demand for Intiger's services in the financial capital of Australia hasn't been anywhere near what management had hoped. Hence the inevitable closure and redundancies that they cleverly chose to announce at the very end of this 'good news' piece.

    Furthermore, this outcome certainly doesn't correlate with management's insistence in 2017 that the demand for Intiger's services was (from memory) 'ridiculous', and IMO if it weren't for the CBA connection via Mark Rantall (Countplus) then the company would be left in an extremely precarious and embarrassing position defending reasonable accusations that perhaps the 'demand' was never there.

    GLTA
 
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