1TT 0.00% 0.4¢ thrive tribe technologies limited

Fosters saying price overdone, fundamentals improving, page-27

  1. 14 Posts.
    For what it's worth, I think we're effectively at the bottom now - give or take 5-10c, but I don't really mind too much, other than picking up some more stock.
    The share price will surge early Jan leading into the 31st Jan announcement. Expect a 20-30c ramp up throughout the month. Then the favourable details will emerge and we'll see a less parabolic climb across the course of 2016.
    So many parallels to Freelancer for mine. Market darling, then huge downtrend before a much less schizophrenic climb over the coming 12 months. I still remember Matt Barrie when FLN was at 50c saying "i can't figure out the SP, our fundamentals of the business are better than ever" 6-12 months later the stock had risen 150%
    The same game is unfolding here for RFN I reckon.
 
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