Hi Vintage mate,
I hope you are well.. and dry....
...."Until those processes are completed and firm contracts with transparent revenue forecasts are at hand, it is still a high risk punt.
No amount of wishful thinking or optimism will change that.".....
so true...... but, the "crowd" do not want to hear that..... they have the blinkers on unfortunately/fortunately.....
Risk Management plays a very important part on the "punt" at specs..... the beautie of it is that majority has no clue about it..... so transfer of wealth goes mostly smooth....
take care.... lunch time here.... starving marvin....
cheers
T10
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