NET 0.00% 0.3¢ netlinkz limited

Brett, there's no need to report to the ASX as market...

  1. 151 Posts.
    lightbulb Created with Sketch. 42
    Brett, there's no need to report to the ASX as market manipulation.

    The chart (as i have already shown) is in a strong downtrend and shows no signs of reversing.
    Any good news event will be sold into, why? because the company is issuing shares to maintain their cash balance and has a conn note overhang... along with all of the options overhang... not too mention the company financials

    To put it in simple terms for you since you're not really understanding
    -below the orange line is bad
    -below the green line is bad
    -below the blue tend line is bad

    I haven't even mentioned anything about the company financials
    -still no revenue is bad news
    -increasing staff numbers means higher costs
    -revenue forecast mean nothing until proven

    All in my own opinion as always, clearly not financial advice. I hope you don't have family members invested here brett because that would be a bad idea.
    https://hotcopper.com.au/data/attachments/1957/1957459-ffcf556d22171bdf4ec88823add37a54.jpg
 
watchlist Created with Sketch. Add NET (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.