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29.0¢ getswift limited

Oh no. It's 50c reef!!, page-115

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Memsl

216 Posts.

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26/03/18

21:08

Post #: 32039014
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Originally posted by small_investor ↑

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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MF are full of it. They come late to the party on most occasions, either saying to buy a stock after its already shot up, or sell or don't invest in a stock that a blind turkey could spot. Well done MF.

GSW Price at posting: 49.0¢ Sentiment: Sell Disclosure: Held
3 Upvote

0 Great analysis

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