SIX 3.39% 5.7¢ sprintex limited

unicrumba, The reason the staff would be taking shares in lieu...

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  1. 2,814 Posts.
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    unicrumba,
    The reason the staff would be taking shares in lieu of pay is there is no cash to pay them!
    The company has a good product but they cannot achieve the volume in sales that is required to turn a profit.
    They have been stating for years now that they are expecting an increase in sales but to date they still have not achieved anywhere near the volume required and I personally can't see that changing.
    The only reason I remain a shareholder is that my 300,000 shares are not worth selling.
    Good luck,
    dapper
 
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Last
5.7¢
Change
-0.002(3.39%)
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5.7¢ 5.7¢ 5.7¢ $918 16.10K

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5.6¢ 1515 1
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Last trade - 11.28am 22/11/2024 (20 minute delay) ?
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