Oh and to add insult to injury the ASX closed at 1.02.
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Oh and to add insult to injury the ASX closed at 1.02.
Yeah its pretty horrible to see the percentage loss from the 1.55 before CR for the current holders.
Do you really think a new customer is going to get us back to the 1.55 that we started at before this CR journey? (Taking in dilution) we may only see 1.30, 1.40 its gonna take a while to get back there maybe 2 or 3 new customers.
We need something big we need a star bucks or a Disneyland!
I know this is long term hold and I still have faith like a lot of us do.
There must be a new customer, or else why would they be hiring more staff, 15 vacancies
https://www.plexure.com/careers/job-vacancies/
Downloaded their new book, 13 pages of marketing history and page 14 is a small blurb about them and how they did well with Super Indo... If it was my book, I would have focused more on Plexure and what they can do for company rather than a history lesson.
What they might not have figured on (maybe have, who knows), is that for us who have experience with ASX minnows as well as NZX, the weight of sentiment has increased and will shift since listing on the ASX.
The ASX sentiment by itself could take over NZX sentiment and cripple the SP very quickly, maybe that's already started happening with ASX SP down twice as much as NZX today. One feeds off the other.
There's no telling where this ends up in the short term now, until PLX announce something that justifies the new and existing investors backing them with $35m new money.
Ball is in their court big time, I'm sure they know that. And feeling it intensely. A Xmas present would stop the rot. OTY PLX.
To be fair I was watching the market depth today quite often and the only buy offer was 1.02 and the sells were 1.10 and above so someone chucked a few in at the end of the day it may recover a couple percentage points tomorrow, but still downtrend for sure.
SP react like fail to sign new customer?:confused:
Plexure doesn’t work with Taco Bell do they? Just seen a Forbes link that Plexure shared. Is this the new signing