News: KKT Konekt Ltd updates on outlook, page-18

Mind you, this announcement doesn't necessarily mean they are going to lose any significant revenue but I guess it highlights the risk and creates uncertainty. The other thing is the liquidity is terrible so its not easy to exit on bad news so I figured it was better to get out when things are going well even if it is at a price slightly below what I think it is worth. Can still see it making it to $1 over time though given management.