5GG 2.13% 4.8¢ pentanet limited

Just doing gods work buddy, keeping retail mums and dads...

  1. 39 Posts.
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    Just doing gods work buddy, keeping retail mums and dads protected from sn@ke o.il operators. If you cant handle the heat in public markets, maybe you should find another hobby to pass the day. No need to play the man when the story doesnt suit your vested interest of a rising share price.

    before today the company had already raised $64m from shareholders, all the raises by the way now heavily underwater. What return to shareholders has this company provided? Well the balance sheet says accumulated losses of $40million bucks, so there you go at how bad this company operates and its zero business model. There is zero positive green shoots to invest in a company like this with such a poor track record of negative share holder returns. The company has been more than well capitalised to prove itself over the three years since IPO, but just continues to barbecue shareholders money. Its a zombie company that is a hangover from the 2021 IPO days, capital intensive loss making companies like this should never have been listed.

    the good news is you TopGun1 still get to go to your job at night shift stacking shelves at Woolies
 
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Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
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