SPX 9.09% 1.0¢ spenda limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-139

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 164 Posts.
    lightbulb Created with Sketch. 61
    It's good to see the company heading towards a more positive direction. However on the converse, it would take a lot and years before the company would even remotely touch 5c let alone 10c.

    You're 90% down, I guess the only way for you is either sell out or hold until either this gets bought out/bankrupt or a miracle to happen. At 10c this company would be worth 400m which is laughable with the current revenue; and this is not including future cap raises or share issue which could dilute the SOI even more. Even with current numbers, this would still be considered overvalued.
 
watchlist Created with Sketch. Add SPX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.