SMX 1.37% 37.0¢ security matters limited

Ann: Company Update, page-20

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. 1,848 Posts.
    lightbulb Created with Sketch. 10
    the outstanding potential is limited by the fact that u need a unique reader, of which the company has given no update at all as to its progress.
    so how can it be commercial earning revenue in mid year, as stated, if there is no reader.
    so I sold based on this concern of uncertainty based on
    1. no information about cost and availability of the reader (means no progress)
    2. no update on or mention of the feasibility study with basf in the last update...(means no progress or cancelled)
    3. reiterating known information to appeal to wine drunks and blue pill poppers in the image is in bad taste.
    4. omitting progress in an update, except to say 3-5 yrs uptake, means purpose is only to pump price without reason.

    best to holders as I'll wait for concrete info ticks
    Last edited by fumoy: 20/03/19
 
watchlist Created with Sketch. Add SMX (ASX) to my watchlist

Currently unlisted public company.

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