GSW 0.00% 29.0¢ getswift limited

Oh no. It's 50c reef!!, page-114

  1. 479 Posts.
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    Most damning statement from MF.

    "Overall though, it’s a sad indictment on Getswift’s conduct to think that shareholders have to rely on a class action lawsuit and a prospective ASIC investigation. The class action suit is increasingly looking like a slam dunk to me anyway, and as a result I think Getswift is likely to get hit with substantial penalties.

    As a result I think Getswift is ‘worth’ substantially less than its cash backing (around 52 cents per share), and I also think it is uninvestible with the current management team. I would avoid it entirely for now."

    https://www.********.au/2018/03/26/...-getting-roped-into-the-getswift-ltd-lawsuit/
 
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