SPX 8.33% 1.1¢ spenda limited

Ann: Voluntary suspension, page-34

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. 165 Posts.
    lightbulb Created with Sketch. 362
    Oh good. More nothing comments.

    First, CR needed to happen now or it would not have been able to occur until some time next year. Check your ASX rules. I've been in this for years. The company has gone in 6 months from a f* all market cap to circa $50m. Prudent management would raise funds to ensure growth can occur. I've seen plenty of stocks not raise, falter and then have to raise significantly lower. If the stock hits the 10-15c range, I fully expect management to do another small raise and so on and so forth so that it can fund growth.

    Secondly, the CRO/VISA deal is in progress. It was/is at a stage where it could be announced. The suspension does not equal better or worse. I imagine the lawyers are crossing their t's and dotting their i's.

    Thirdly, if CRO cannot make the announcement, but there are individuals who (potentially) know too much then CRO must halt / pause / suspend. This is appropriate. STFU with your 'bad management'. Both times suspensions have been required involved third parties; there's a limit to what CRO management can do (especially when dealing with someone like VISA). Muppets like you confuse people with little trading or ASX experience. https://www.asx.com.au/documents/rules/gn16_trading_halts.pdf

    The VISA deal is a positive announcement / development. How positive depends on the terms; we will know this when it is released to the market. Until then, everyone should stop with their random, biased opinions up or down.

    NF
 
watchlist Created with Sketch. Add SPX (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $50.63M
Open High Low Value Volume
1.2¢ 1.2¢ 1.1¢ $22.68K 1.900M

Buyers (Bids)

No. Vol. Price($)
19 10557754 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 1677480 4
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
SPX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.