ST1 4.44% 4.7¢ spirit technology solutions ltd

Ann: Spirit secures $5million investment in Convertible Notes, page-17

  1. 432 Posts.
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    That’s interesting to read Jumba, thank you. I had assumed the recent ST1 advance was largely TNT holders entering having gotten their takeover funds on 4 October. The daily volumes of $50,000-$100,000 seemed consistent with a handful of relatively small investors (ex TNT?) coming on board each day, and I assumed it was just that. Nothing for us to get too excited about, because there’s no actual company news. But your post suggests something more general might be afoot…that’s more encouraging.

    It’s been pleasing to watch the recent share price advance, but news of the business turning is what matters. I think we’ll just have to patiently wait some years for that to become apparent and then consolidated. Still, the move this past week is encouraging.
 
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