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
RXP Price at posting:
53.0¢ Sentiment: None Disclosure: Not Held