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GSW getswift limited

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Another IOT, MUS, page-5

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potgut

19,560 Posts.

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26/01/18

17:09

Post #: 30593533
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Originally posted by longt ↑

The regulator has got to come down hard on these sort of companies. In IOT's and MUS' case they were small market caps so the regulator probably doesn't care. In GSW's case they had a fully diluted market cap of nearly $1 billion at one point so they might be worth making an example off.

Management of these companies totally misled investors. Anybody familiar with IOT or MUS know what I'm talking about. In GSW's case you just have to read the initial CBA announcement:

https://www.asx.com.au/asxpdf/20170404/pdf/43h8drqgmp8n2q.pdf

There's no mention whats so ever that there's an initial pilot project. There's no mention that use of their "Software as a Solution" is optional. There's no mention that nothing may come of this project. There's no disclaimer of any sort. It reads as if it's a done deal. It's totally misleading.

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Run along now plongt , do a bit more research ,,those shorts of yours will be on fire come Monday , and dont come bleating on here.

GSW Price at posting: $2.92 Sentiment: Buy Disclosure: Not Held
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Another IOT, MUS, page-5

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