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GO2 the go2 people ltd

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Ann: The GO2 People Ltd Annual Report FY20, page-9

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gizard

23,406 Posts.

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31/08/20

20:16

Post #: 46967146
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Originally posted by jaluma: ↑

Great summary.
There is also $80k worth of assets in the building division they are looking to sell.
On top of that, there are 12m options with a 4 cent excise (expire Jan 21) that should now be in the money going forward.
If those both convert in next 5 months, that's another $550k banked to pay debts and build the cash balance.

I am still thinking it needs to clear 6 cents and maybe build a base there, before heading to 9/10 cents again.
Then onto 15 and then 20 cents early next year when the broader market realises it can spit out cash on low cost base.

Here's hoping any acquisitions they are looking at are absolute slam dunks this time, otherwise just focus on building the core business.

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a small fund will scope up the loosies, theres not much value in small stocks left.

don't think there's anything generating cash like this stock for sub 10m cap

GO2 Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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Ann: The GO2 People Ltd Annual Report FY20, page-9

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