ST1 7.55% 5.7¢ spirit technology solutions ltd

Ann: Spirit secures $5million investment in Convertible Notes, page-24

  1. 821 Posts.
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    big revenue but just survives on convertible notes and Government grants.

    the new 4.5cent convertible with free option is more toxic future dilution. unless you buy below 4 cents counting for interest

    With their current results i see them insuring more notes in the next 18 months if they can.

    With the expensive staff wanting wage rises it will get even harder to keep selling product below costs.

    Knife edge stuff

 
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