9SP 0.00% 0.4¢ 9 spokes international limited

@andyjumboreality is that it is a gamble... IF 9SP turn this...

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    @andyjumbo

    reality is that it is a gamble... IF 9SP turn this around... the more you can average down, the less the stock needs to gain to get a break even out and bolt for the door (or continue to hold to potentially profit)...

    But the size of that IF is huge... and as I also mentioned... my stake is miniscule and I have topped up three times now, my buys were sub marketable parcels... extra parcels were at 1.5c, 1.01c and 0.7c and have not really moved my average down enough yet to make an exit any easier... every time I do it, I doubt the logic to it.

    On this one... right now I feel that is capital thrown away - hoping to be proven wrong.... initially I hoped patience could see the turnaround "9SP expects revenue to be material" occur, but right now I fear 9SP will run out of cash and either be taken over - or forced to delist, before that occurs.

    Appologies if this does not answer your question sufficiently
 
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