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26/02/21
13:14
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Originally posted by jcallaway:
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Touters seem silent, they either must be stunned by the non event announcements( murky on revenue at best) or they are waiting to receive the spin that regulators have cleared them to say.The financial profile and workings of this company are so complex, so diluted, and dilutive, the company must seek a new model.Nothing stated here will dig this company out of this overhang. Certainly tremendous amount of financial engineering has gone on here, more than should have passed Board approval, but you have too much float and capital needs to win with the current model.No doubt the new digs are a cost saver. Gucci - your turn.
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The new digs, seem to be a lot more spacious than their previous location after looking at them both. Then again I can't see much cost savings between the two locations, same street, older but larger new location vs smaller newer location. I guess post covid commercial property pricing makes things a lot more viable. Correct me if I'm wrong, the loan holders, the majority of them appear in the top holders list as well?