The key to all tech plays is the extent to which things are 'for reals' + speed of progress
Many tech plays on the ASX are early stage, pre-prototype, concepts - there is an enormous amount of assumption and wishful thinking in them - and many are greatly relying on things they don't control to work in their favour
In these cases, great chasms of time can open up - leaving shareholders frustrated / marooned
The reason RYG is exploding in interest is it has had a rapid unfolding of tangible accomplishments / and is clearly about to complete yet more key milestones / it shows strong signs of having significant gravitas in its conversations with large established potential partners / and it has a model that is very inclusive
Every extra piece of concrete news is another piece of assurance / another indication of progress
Regular news / updates = cumulative momentum = support for a higher SP
Looking forward to cranking through the gears each and every week
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