SPA 4.00% 2.6¢ spacetalk ltd

Ann: Change of Director's Interest Notice - Correction, page-23

  1. 289 Posts.
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    I think everyone is looking at MWR like its a $50mill company or something.. Take a second to realise and considering it has net $6.5mil liquid cash and trade and a market cap of only $10 mill! Undervalued is an understatement even in today's environment. They are even EBITA positive while spending bank on expansion. The fact they have a retail presence in prestigious retail outlets like JB's, Officeworks, Goodguys and landing MNO's says something about their product and it a product developed over 3 years ago and they are about to bring a whole new product out and an updated version of Spacetalk all in the next 6 months.

    Im sure we will get an update on the company early next week as it is just a matter of time, but any good investor knows MWR is undervalued and the CEO's sale of shares is untimely but honestly, him taking a margin loan to buy shares shows how keen and how much belief he has in the company and it took a pandemic to crush him and make him sell..

    Bought more today at 7 and 6.9c. Ill keep loading so if you want to sell then do but we are going a minimum 100% from here in the next 8 weeks and there's nothing like buying at asset backing.

    Call me out if im wrong.. GLTA
 
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