EXT 9.09% 1.0¢ excite technology services ltd

Is this your belief or what has happened, I have not seen...

  1. 156 Posts.
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    Is this your belief or what has happened, I have not seen anything. If it is a placement to top holders at a discount then that is really just doing everyone else over if CR is of any volume.

    I am still on the sidelines as can't bring myself to buy yet as I have not seen any delivery to plan, yes new CEO just in place so time will tell. I know that it means I miss out a very cheap buy but it also means I miss a race to zero, which I think is possible as well.

    With the revenue size I struggle to see a big 4 buying it unless it had a very strong Unique Selling Point, maybe another small player .. but for me while revenue is under 10M and it has nothing "unique" it is in no mans land. I am expecting a fairly horrible set of results and maybe an opp to buy.

    My 2 cents -- good market to be in -- no proof of delivery yet -- new CEO untested in reality so may be great or terrible or average.

 
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