KNO 7.89% 3.5¢ knosys limited

No movement - big news coming?, page-21

  1. 466 Posts.
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    I don't know that the company does have to distance itself, as there's no reason whatsoever why anyone should think they're involved in GetSwift or shine contracts. The Singtel & ANZ contracts have nothing to do with that whatsoever. If they made an announcement to try and dispel these kind of rumours theyd risk falling into this kind of trap ... http://dilbert.com/strip/2018-02-19

    I agree that the Loan Funded Share Plan isn't helping and the company's financials do need to improve. There's no reason to believe they're not on track to deploy their platforms, if they posted an announcement to that effect it'd look odd. Rumours will always circulate around stocks, but sometimes companies will do more harm than good if they try to address them.
 
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