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CAU is massively overvalued, page-11

  1. sidage
    691 Posts.
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    15/02/20
    14:08
    Post #: 42951541
    Expecting revenue from day 1 post-IPO is the norm.

    IPO is not meant to be the first day a business commences but the first day after listing on the ASX.

    Listing pre-revenue companies on the ASX with non viable or non-operating businesses is stupidity in its highest form.
    CAU Price at posting: 17.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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