SPX 9.09% 1.0¢ spenda limited

Ann: Notice of Annual General Meeting/Proxy Form, page-2

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  1. 6,675 Posts.
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    I assume whoever goes to the AGM will ask the obvious Q why have a 4c placement when sp was 6.5 and then why it then lost two thirds in such a short while, when results were seemingly OK. And naturally, where to next and how to fund it? Another Q might be directed at the ASX ... they are quick to ask why a sp moves up 20% but I never see them asking why it falls 70% in a straight line, when seemingly results are OK. Makes u wonder why we are in this game instead of enjoying the sunshine at the races whilst risking only a fraction of the cash.
    I believe SPX has a better chance of success than most, but is sadly lacking good PR guidance. Anyway back in again for another punt.
 
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