SKF 0.00% 16.0¢ skyfii ltd

"Surprised the announcement of the cr at such a premium didn't...

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  1. 626 Posts.
    "Surprised the announcement of the cr at such a premium didn't move today. Maybe the coverage will be assistive."

    Same, quite surprised by the selling into 0.19 bids. I thought it could be people buying the news on open dumping the stock after no market reaction but I'm not entirely convinced by that reasoning. I guess we will see in the next week or so whether it gravitates to 22c.

    "General thought, they have such a broad pricing policy that's it hard to put an estimate on revenue being generated. Makes it difficult for a LT holder to properly value the company."

    Yep. An announcement stating the number of contracts in each section (small, medium, large) would be good. That being said, the growth in user base is good, and it is the user base which brings value to product. As long as this stays on track you would imagine the contracts wouldn't be far behind.
 
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