SP3 6.25% 1.7¢ spectur limited

Ann: Debt Facility No Longer Applicable, page-12

  1. 501 Posts.
    lightbulb Created with Sketch. 84
    this is a great stock and business but far out absolutely trash managers.

    based on previous experience of bad managers on small caps, this stock has a long way to fall.

    really disappointed as this is a genuinely good and potentially profitable business, but it just amazes me that listed companies can get away with these kind of announcements. if i wasnt still holding, id be ringing the asx to look into the debt announcement as misleading the market to try get a better cap raise price.

    gltah, but ive got my finger ready on the sell trigger. will keep holding in the hope they turn this around and announce a truly spectacular fy19 result.
 
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