CXZ connexion mobility ltd

Ann: Notice of Q4 FY24 Quarterly Update - Webinar & Q&A, page-6

  1. 12,891 Posts.
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    Revenue set in stone with existing GM contract.

    CEO and staff safe and secure for the length of the GM contract.

    Not sure why the buy back decision with a company in its infancy.

    It should be operating with a business plan to build its technologies with the current cash rolling in.

    What happens if they continue buying back shares and the contract is not renewed along with no new contracts being secured?

    The company becomes worthless!

    The cash has gone on buying back shares and paying executives and staff.

    Aaryn needs to get a move on and produce some entrepreneurial skills - alternatively time will run out .....

    Last edited by hoofa: 29/07/24
 
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