9SP 0.00% 0.4¢ 9 spokes international limited

Nice to get an update. Good news onthe US RFP! And a positive...

  1. 3,324 Posts.
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    Nice to get an update. Good news onthe US RFP! And a positive tone throughout. But also a whole bunch of negatives IMHO. No mention of profitability. No mention of cash flow. Reopening of the trading window that they closed because they claimed sale prices didn’t match the business’ prospects (the implication of reopening thus being that now they believe that sale prices DO match prospects…). And finally, a 1000-1 (!!!) consolidation with the express purpose of facilitating further capital raises and dilution.


    So I guess my one wordsummary is "sigh".

 
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