SFI 0.00% 9.0¢ spookfish limited

Patto's buying & NEA spooked by SFI Tech?

  1. 5,261 Posts.
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    Patto's net buying has been accountable for the recent consolidation on the chart around the 6c mark- decent seller(s) still lurking which has created most of the the churn since re-listing.

    Most compelling is NEA's unsuccessful litigation attempts against SFI which imo suggests they are obviously concerned about the Spookfish technology. Furthermore, NEA experienced mover first mover advantage with their SP increasing 4 times over an 18 month period, but interestingly once NEA announced legal action against SFI their market cap has dropped by up to 40% (see charts below).

    Also worth checking SFI's recent company presentation and in particular slide 12 (as other posters have highlighted) regarding recent acquisitions in the industry.

    http://www.asx.com.au/asxpdf/20150317/pdf/42xbdjfb6tfw5f.pdf



    Legal action by NEA against SFI was announced on the 15/12/2014

 
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