Investing in QFX at these levels would be reckless beyond belief considering the company dire financial situation and the large amount of unwanted over hanging shares (3b) that Langsford failed to offload onto the market and is continuing to try and find an investor for.
Investor equity here will just continue to be diluted by CRs and a likely future massive consolidation.
Plenty of other and smarter ways to invest in tech rather than burning the lot on some basket case penny dreadful.
Kat.
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