K2F 0.00% 18.5¢ k2fly limited

News: K2F K2FLY Ltd Posts Q2 Revenue Of A$2.8 Mln, Up 33%, page-15

  1. 2,585 Posts.
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    They signed a 'Stand Still' agreement at the end of March last year, for 1 year.
    This is an agreement to not buy anymore shares until the end of the agreement. So the end date is approaching.
    Either nothing will happen or something. See my previous post on 21 February. That is one scenario.
    Another might be a Private Equity firm might buy both businesses (Maptek and K2F) put them together, no costs for being a listed public company (savings) and then drive it hard for the next few years then sell it off.
    Governments Australia and elsewhere) are mandating all of the ESG requirements on reporting. So this has a future but is a 'nice market' business but becoming essential.
    Maybe they need to add to their product suite a module that tracks all of their CO2 consumption and credits from any offsetting initiatives / carbon credits.
    Something like that might have a strong future outside the mining industry.
    All major companies will have to account for their annual eductions in overall CO2 according to our Energy Minister, 'Blackout Bowen'.
    Last edited by skinsy11: 07/03/23
 
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