Talk about sugar-coating the main message with fluff.
Whichever way one chooses to spin it, it's pretty obvious that general demand for Intiger's services in the financial capital of Australia hasn't been anywhere near what management had hoped. Hence the inevitable closure and redundancies that they cleverly chose to announce at the very end of this 'good news' piece.
Furthermore, this outcome certainly doesn't correlate with management's insistence in 2017 that the demand for Intiger's services was (from memory) 'ridiculous', and IMO if it weren't for the CBA connection via Mark Rantall (Countplus) then the company would be left in an extremely precarious and embarrassing position defending reasonable accusations that perhaps the 'demand' was never there.
GLTA
Ann: Intiger Confirms Strategic Focus on Fintech Advice Solutions, page-22
Add CF1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 130000 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 541582 | 2 |
View Market Depth
| Last trade - 16.12pm 01/11/2024 (20 minute delay) ? |
| CF1 (ASX) Chart |
Day chart unavailable