1TT 0.00% 0.1¢ thrive tribe technologies limited

15 questions with Jamie Pride, page-55

  1. 54 Posts.
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    My two cents for what it's worth... I'm not in the stock at the moment but watching it closely since I am optimistic about the opportunities. The reason I'm not getting in right now even though I think it's cheap at the moment is fuelled by the uncertainty around the revenue model associated with the # of clients as pointed out by a few of you before. I'm impressed by the rate in which they sign up clients, however it doesn't say anything about the sustainable revenue coming back from those clients (yet). But the main reason I'm not buying is that I feel the company is rushing into new markets way too soon, I'd much rather prefer them having laser focus on the Aus market fits, prove themselves there before doing a CR to go overseas. To me it feels too much of a "stop the bleeding" CR as suggested by AFR as well. If I'm wrong (and I hope I am) I'm willing to miss some of the upswing when quarterly results come out and prove to be good news, but atm just a bit too risky for me. I'll be watching closely.
 
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