Two of Australia's wealthiest people pouring money into this - both dedicated stayers with a company.
Both clearing the decks from other companies.
And most importantly -- they have only been together in huge winners.
Chris Morris --- AND most importantly his sister Penelope Maclagan.
Both built cpu - long term and both very active.
Morris had a go with webfirm - turned into adslot and was a bit of a fizzer --------- but, interesting, sister wasn't in with him.
He stuck though - for years - and has only recently pulled the pin - to concentrate on other things.
SPZ is one of them.
Penelope has been in SPZ for a while as well - but it is really important to notice - this is the only one they are in together aside from cpu ----- as far as I know.
Morris sub underwrote the last issue all by himself - $12 plus million ------------ wasn't needed as insto. take up was great -------------
retail was ordinary ------------- not surprising as there is bugger all on hc about it -------
talk about flying under the radar.
This company right now smells very strongly like IPR - now NEA ---------- 3 cents to 60cents.
Very very similar - but stronger imo.
Common thread ------------ recurring revenue.
I am stunned at the silence on this stock -------
actual products, actual revenue - actual trials with big councils and ongoing revenue and have already recently raised capital.
Suffers with a similar problem as NEA -- time to contract - obviously - you are dealing with government - how can it be any other way.
But, some councils are in --- others will follow - they always do.
Where this is massively different to NEA is that when gov. bought NEA service - it was a tool - it did NOT make immediate income -----------
SPZ does ------------ as soon as a council puts it in place - money rolls in ----
and, SPZ gets a cut.
this is an amazing story.
good luck to you if you read this.
have a great day all
Pinto
SPZ Price at posting:
15.5¢ Sentiment: ST Buy Disclosure: Held
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