Promisia Healthcare

[kiwikeith]

Interesting announcement. Company with a market capitalisation of $22m acquires 2 new facilities for $33m. Not one for the faint hearted.

[nztx]

Had to dig to see how the new acquisition(s) were being paid for

21,516 Million shares on issue after 10 April announcement

Net Assets $19 m Term Borrowings $30m and Occupants' creative Share of the Action on top

Just better breaking even / $152 K loss at last interim report Nov 2023

Higher interest rates likely to be causing some pain

SP $0.001 ... suppose it can't go any lower

Difficult to see any immediate upswing even up to $0.002 unless a miracle occurs or Cap reorganisation

Always the danger of a consolidation however

This outfit would probably do itself a big favour by consolidating the 10's of thousands of millions of shares and probably then open up further options attracting more serious market interest on NZX IMO



AI or other listed shell opportunities (ripe for the plucking with a new direction) might be more exciting

[SCOTTY]

Had to dig to see how the new acquisition(s) were being paid for

21,516 Million shares on issue after 10 April announcement

Net Assets $19 m Term Borrowings $30m and Occupants' creative Share of the Action on top

Just better breaking even / $152 K loss at last interim report Nov 2023

Higher interest rates likely to be causing some pain

SP $0.001 ... suppose it can't go any lower

Difficult to see any immediate upswing even up to $0.002 unless a miracle occurs or Cap reorganisation

Always the danger of a consolidation however

This outfit would probably do itself a big favour by consolidating the 10's of thousands of millions of shares and probably then open up further options attracting more serious market interest on NZX IMO



AI or other listed shell opportunities (ripe for the plucking with a new direction) might be more exciting

At $0.002 the capitalisation would double and you would double your money. Tempting

[nztx]

At $0.002 the capitalisation would double and you would double your money. Tempting

some tempting multibaggers somewhere else too

[Charlie]

some tempting multibaggers somewhere else too

On the NZX.?
I have some Shares here from the past. I figure if it goes to .002 in the next 5 yrs would be ok.