He makes a couple of errors:
1. #1 holder is EGP Capital - a fund
2. The $1.5m is a loan facility, with EGP Capital, not a raise.
But his investment thesis is correct. Very small downside risk. Significant upside potential.
Very genuine MD and board with their own money in the stock.
...
SP3 Media thread, page-3
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Last
1.9¢ |
Change
0.001(5.56%) |
Mkt cap ! $4.406M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.9¢ | $6.088K | 320.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 166563 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 340000 | 2 |
View Market Depth
| Last trade - 15.26pm 13/05/2024 (20 minute delay) ? |
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Last
1.9¢ |
Change
0.001 ( 5.56 %) |
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| Open | High | Low | Volume | ||
| 1.8¢ | 1.9¢ | 1.8¢ | 26000 | ||
| Last updated 15.26pm 13/05/2024 ? | |||||
| SP3 (ASX) Chart |