RE: Everyone better start buying then, eh!16 Oct 2024 23:36
Speaking as someone who's probably in too deep so wants to ramp at every occasion, i expect them to make a statement when their totals have been in error and then to admit as much and to then state they are now correct.
as for Semnet, isn't it even a little bit suspicious, that the company that Mrs BoD owns a stake in, suddenly finds a single contract for 7 x their previous annual revenue (and, don't forget, from $4.2 million they only made 5% pre tax profit!) but with no authentication from outside sources, nor any newer contracts and, coincidentally, a planned IPO for same company? i can't recall now, but if Semnet ARE the company that provided the security for GST then that would make that $4.2million suspect as well, as noone knows what GST paid for those services.
i'm fine with all that as, if it's ramped then i expect to ride the ramps. but, atm, the sp suggests that the company are just a bit thin on updated facts and any deeper look into their business is nigh impossible to verify as the evidence is well hidden.
as for the last rns, why not state the current state of negotiations with Bonfirepay and Easysend, without crossing any lines?
well within their remit to offer such information. if they can talk about growing clientlists and similar, pretty sure that's as privileged info as anything else.
still, good to see such confidence in a company that STILL wallows at 0.73, compared with April's 1.23...