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23,919 Posts.
752
15/06/18
08:47
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SPP done and out of the way
The funds and instos snapped up $2M in a day at 16c
Retailers however always kill short term momentum with SPP’s, and coupled with tax loss selling, it wasn’t much of a surprise
Hopefully with overhang out of the way now the SP can start to regain some traction
2nd acquisition to come and AdCel deal should be closing soon
If they hit anywhere near $6M in revs for Q3, it has to put these guys on the radar of a few funds
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