Red Emperor - I've been around for a while on NWZ - see all previous posts.
Majority of my original purchase has been at 8c and now I'm taking up rights and buying on market for 2 reasons:
1) Try and average my position down as much as I can!
2) Absolute turning point with Thorney and Seven on board.
NWZ should've always pitched to the US where investors understand the potential of a crowd sourced platform whereas Aus investors are obsessed with revenue.
When I was posting on NWZ I was comparing it to the Uber/AirBnb of the media space - where by simply owning a smartphone a consumer can generate revenue in this "shared economy" business.
NWZ has world leading technology and I've been using their app for a while now and now hopefully with some decent support and new leadership, this will finally get the excitement it should've had a while ago.
Cannot go wrong buying at the low 1s and great to see all the technical analysis proving the same.
FRESH
NWZ Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
