5GG 5.88% 4.8¢ pentanet limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-24

  1. 245 Posts.
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    Why would they raise money to purchase 18 servers for exclusivity and then not purchase the 18 servers? You want exclusivity but you don't want them to spend the money required for the exclusivity? The requirement of "substantial additional capital" was forecast in the prospectus to obtain this exclusivity. But yes, if for some mad reason they suddenly announce they have changed their mind on buying the servers and gaining exclusivity that they announced a month ago, I too will sell this stock.

    I get it, you made a loss after investing while the market cap was sky high and signed up to Hot Copper to comment exclusively on this stock and air your grievances rather than reflect on your investment strategy.
 
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