The announcement was not fluff.... sometimes you expect too much, the company needs to be very careful with its announcements... I'm in another stock (mining)and it announced this super deal with the Chinese (as usual) the share price pumped then 6 weeks later the deal fell over as the Chinese wanted too much apparently...Yep the share price went down the toilet.... and of course a lot of stock was sold the day before the announcement... go figure!!!
My point is it should NEVER have been announced until deal was was locked in... Too many companies announce crap to pump the share price, especially mining stocks and low cap stocks....
I'm glad the NET directors did not announced some super deal and super sales were coming with super profit and of course super share price....
If you look at it , it has taken 6 years and lots of management changes to generate some real income....Yep small but real..... This means the technology works which is a real positive and the sales will grow each month....This product generates consistent permanent income, its not like you are selling a car with a one off hit then you need to sell another one...400 Corporate clients (some may be large) and growing....every month.....
Bought a few more shares today myself
Bob whilst the share price hasn't moved heaps, there is not a lot of stock for sale...shareholders have worked out this company is starting to come good and they would be mad to sell their shares after so much pain....
Its very hot today Bob and mmmmmmm the beer, the free beer........
- Forums
- ASX - By Stock
- NET
- Ann: China Product and Sales Update
Ann: China Product and Sales Update, page-8
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NET (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.63M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
NET (ASX) Chart |
Day chart unavailable