Felt like the stock could go to zero today. In the past thats been a fairly good indicator of a capitulation. However, with the sorry state of this market, who knows, we could be going to zero!!
I dont know about anyone else but I knew about everything in that announcement today apart from the size of the revenue adjustment, the write down of Fintronics and Mastercard's acquistion of a further 13.3% of SPS and it was all in the public domain. So anyone that sold today either had to because of margin calls or should have sold back in November when they mentioned the transaction issues then. For the record, I did neither but wished I had sold back at 17c when I had the option after their AGM. I certainly wont be selling here.
CUS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
