RXP 5.77% 27.5¢ rxp services limited

Well lets seeFor NSI the 3B announcement says 4,200,000 shares @...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 24 Posts.
    Well lets see

    For NSI the 3B announcement says 4,200,000 shares @ 0.52 - overvalued but expect future earn outs like similar 3B announcements

    Worse though - latest 3B shows issue of shares in lieu of ability to pay CEO's salary

    This is a company with market cap over 30M that had less than 200k available cash at end of FY 21012. They have done a further 5M cap raising - will be interesting to see numbers at end of next Q but a revenue of $12M last FY makes them a minnow in IT
 
watchlist Created with Sketch. Add RXP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.