NET 0.00% 0.3¢ netlinkz limited

Ann: Netlinkz finalises A$3.25 million equity issue, page-21

  1. 481 Posts.
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    The company's status, as an accepted Ongoing concern, will be predicated on how the company recognizes the revenue\potential revenue of the acquisition. The matter could be in some doubt.

    This financial picture could go a number of ways, but counting on the AGM Call announced JD.com deal, indeed any China revenue, or hardware based delivery system, is a very risky lift for a company still trying to find it's footing.

    A reverse split would help a lot, as would a new class of stock to carry the burden for the new debt headed their way.

    With the expected continued chaos in Hong Kong, dampening the Chinese capital markets, a separate NET China tracking issue, distributed as a special dividend, to all existing shareholders, would seem a decent alternative worth considering.

    Everything "is" already priced into the stock, giving the Shareholders more direct stakes in the future could help all parties.
 
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