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Correct, just retention of 1 US Bank and hopefully the UK 1 as...

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ozboypete

664 Posts.

38

12/03/24

14:01

Post #: 72852537
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Originally posted by friendlydwarves: ↑

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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Correct, just retention of 1 US Bank and hopefully the UK 1 as well

9SP Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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