SPA 5.56% 1.7¢ spacetalk ltd

I agree burner_7. That is my base case for how this is most...

  1. 537 Posts.
    lightbulb Created with Sketch. 198
    I agree burner_7. That is my base case for how this is most likely to play out. I think Mark will want to hang on until there is meaningful and lasting success for which he can (and should) claim credit . It may then take a catalyst or two for him to accept a different role - hopefully a positive catalyst (such as substantial growth attracting greater institutional interest/ownership on the registry that demands greater professionalism) and not because of the market getting fed up.

    As I wrote above, I am looking for a 5-Disallowed (say, $100-200M market cap) from here under Mark's continued watch. However I have difficulty seeing how he and the current (good but not great) management/board would take this company to $500M-1B+ in value, which the company could achieve with the right execution given the current platform and market opportunities in front of it.
 
watchlist Created with Sketch. Add SPA (ASX) to my watchlist
(20min delay)
Last
1.7¢
Change
-0.001(5.56%)
Mkt cap ! $8.007M
Open High Low Value Volume
1.8¢ 1.8¢ 1.6¢ $16.98K 998.5K

Buyers (Bids)

No. Vol. Price($)
4 686196 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 94000 2
View Market Depth
Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
SPA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.