SIS 0.00% 0.4¢ simble solutions limited

Ann: Completion of Placement and Proposed Rights Issue, page-14

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  1. 181 Posts.
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    I participated yesterday in the SI raise, even though I also own SIS shares. I think we're near the bottom. This is a huge growth industry and absolutely nothing is baked into the share price. That said, this is highly speculative; management have come to the coffers too many times to be credible. But with a new CEO and a bit of salesmanship, the turnaround from here could be significant, e.g. a couple of UK deals and this multi-bags. With the free options as a sweetener that makes an attractive risk/reward scenario for holders.
 
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