GSW 0.00% 29.0¢ getswift limited

Ann: Market Update, page-93

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  1. 3,827 Posts.
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    It's a House of Cards

    - logistics product, developed by an AFL footy player, that can very likely be reverse engineered in a few months and child like in simplicity. What's the true value this? - likely very low, except to munchkin small operators who can't reverse. No cash collections or revenues to speak of.

    - Gobsmacking over-promotion of the company in releases, and resulting high HC following

    - GSW plays to the "wanna-believe" crowd. The next big thing. HC most popular stock

    - The institutional end of town who got in at $4 will want their money back. This due is coming.

    - So sp is levitating at the moment well above cash backing, but even that bit of cash will be claimed in Class Action.

    - What's left? Not much --- that's what it's worth
 
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Currently unlisted public company.

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