SPX 10.0% 1.1¢ spenda limited

Ann: Release of Shares from Escrow, page-9

  1. 5,187 Posts.
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    Of course I’m speculating @Fiendish. My post said “I’d say…” and “I think it’s quiet likely…”.

    I don’t need a magic chart, I just have this one which shows that as at 2 June 2021 when the 600m tranche hit the market, the SP closed at 6c, which is five times higher than today’s level. Not everyone is stubborn enough to hold this thing into the ground - especially when the shares they are holding were issued for free. But let’s wait and see what happens, although let me remind you, sadly my views on Spenda have been consistently proven correct since July 2021.

    https://hotcopper.com.au/data/attachments/4342/4342998-9eb39c7e572826dfaadc9ed045c78b32.jpg

 
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