XII sitting at 29c with virtually no volume most days - is anyone actually holding this or has the tech selloff just buried it completely? Curious what the revenue story looks like these days.
Numeral (JSE: XII) share price, discussion & sentiment
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XII's been getting hammered but seriously, at R0.30 you're pricing in a lot of bad news already. Thing is, software plays in SA don't get valued cheap unless there's real trouble with the actual business, not just market sentiment. Need to see the next results to know if this is capitulation or if there's actually something broken under the hood.
been reading the latest sens filings on xii, balance sheet's looking thin ngl
XII basically dead money at R0.33 unless they can actually grow revenue instead of treading water. software plays in SA need to show traction or they just bleed cash forever, which is what this looks like. catch the express train somewhere else maybe.
r0.33 is joke pricing for a fintech platform with actual clients. either theyre not making money or the market just doesnt care about sa tech plays anymore.
Been digging through the financials. Cash position is eish at these levels.
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