Dump and pump tomorrow - looking very oversold, traders loving it.
Should see this bounce back tomorrow, market always overreacts on announcements. Look at afterpay as an example, being price on almost 25x P/S, a2m milk price on 7x P/S and LVT priced at 7x P/S - obviously not comparable companies, but theyre not achieving revenue growth of over 200%.
Disappointing to see the reaction today although I can understand some sell off given the massive staff costs. If we don't see any reduction in the 1Q20, will be a lot of questions asked and rightly so.
That being said, good opportunity to top up sub 40c
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