Its actually good that they released this aftermarket on a friday so that people actually have time to read this through and digest it so they dont act on emotion. I have to be honest at first I had a negative sentiment on the report as wjell but upon further reading it and hearing what others have to say, my sentiment changed for these reasons:
1. This report is up until 30 June 2020. A lot has happened from 30 June 2020 up until now, and this isnt included in their report (NZS started to soar and gain traction in mid July)
2. main loss was due to reverse acquisition of their old business (you gota spend to grow right?) and as others have said, this was clearly stated in their half year report released on Feb 2020,
3. more deals will be announced surely in Q4 2020.
in short, y’all dont panic. hopefully the SP doesnt dip below 5c. If it does, i guess time to top up for me
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