SMX 1.37% 37.0¢ security matters limited

Ann: Trading halt, page-30

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  1. 9,989 Posts.
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    Kafrit who is our customer and partner is a shareholder of SMX, and they are backing SMX LT for the commercial opportunity. They own ~1.31m shares.

    This is a good financing model for SMX as these cornerstone partners are long term holders and customers. By corner-stoning a placement this ensures these customers will always have access to SMX' tech as a priority client and it also demonstrates that SMX tech is feasible and bleeding edge.

    Who is being on-boarded I don't know. It would be good if SMX would advise the market after the placement is completed, who this partner is.

    That said I would prefer Intel over BASF eek.pngtongue.pngconfused.pngrolleyes.pngwhat.png lol


    Last edited by Quanta: 25/03/19
 
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