SP3 15.0% 1.7¢ spectur limited

Just unbelievable. The gaslighting starts on line one:"Financial...

  1. 174 Posts.
    lightbulb Created with Sketch. 117
    Just unbelievable. The gaslighting starts on line one:

    "Financial year FY24 will appear to be an inflection point in the journey of Spectur Limited, only visible in hindsight"


    So the inflection point that never arrives actually did arrive, only it was invisible! You're all just too stupid to see it! Bravo.

    Importantly, there were many lessons in FY24:

    "The Company also learned much about government tendering and what it takes to win."


    The translation, for anyone wondering, is that Spectur lost several government tenders. One wonders whether Spectur could possibly hire someone who doesn't have to learn about government tenders while being paid over half a million dollars...

    Then, repeated for emphasis:

    "The inflection point of profitability is behind Spectur"


    So comforting. I genuinely thought Spectur was continuing to lose money.

    https://hotcopper.com.au/data/attachments/6427/6427931-a4059229e1de91d6eacb94a7bed0b275.jpg


    And then, finally, just to really emphasise his disdain for shareholders, GD forecasts revenue growth of 25-45% in FY25.

    In. What. Universe.

    My prediction is he will resign this year. He knows it and doesn't care. He shouldn't be given that opportunity. He should be sacked ASAP for this utterly abysmal performance.
    Last edited by cetra: Today, 17:47
 
watchlist Created with Sketch. Add SP3 (ASX) to my watchlist
(20min delay)
Last
1.7¢
Change
-0.003(15.0%)
Mkt cap ! $4.942M
Open High Low Value Volume
2.0¢ 2.0¢ 1.7¢ $15.47K 868.8K

Buyers (Bids)

No. Vol. Price($)
2 549775 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 203398 1
View Market Depth
Last trade - 16.10pm 02/09/2024 (20 minute delay) ?
SP3 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.