WTF? Wasn't it being reported that Regal were the ones bailing...

  1. 937 Posts.
    lightbulb Created with Sketch. 187
    WTF? Wasn't it being reported that Regal were the ones bailing out at 2.5 cents and holding the SP down? Now they're going back in at 3.2 cents. Another potential 440,000,000 diluting shares.

    For more than 5 years NET has been raising capital, borrowing, and generally diluting existing holdings, in order to ACCELERATE DISTRIBUTION AND PARTNERSHIPS IN KEY MARKETS.

    I have commented before that if they had as many enterprise clients as they did "partnerships" the world would be a happy place.

    Instead, within a few years, they will have mentioned pretty much every country in the world in their announcements., They will have more partnership agreements than the number of 3-putts I've had in the last 12 months (and that is a lot). There will be 5 billion or more shares on issue worth almost nothing, or nothing at all.

    What about the 50 billion IoT devices they are tapping into? What about the automotive industry? What about the 36 World Bank dams being built across China. What about China Railway? What about 'smart cities'? What about.................????????

    Absolutely nothing to get excited about here. Seen it all so many times before. Same old, same old. Very disappointing.


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.