Daily Price Movement / General Discussion, page-28590

Key Takeaways.

Institutions invest primarily in management.

Any instos watching that fragmented presentation and the calibre of the presenters would run a mile.

Lindenberg looked like some sort of animated puppet on its first public speaking gig.

More of the same

Use ANZ as a template for a pathway to profitability despite being in business for eight years and accumulated losses of three quarters of a billion dollars and being significantly aided by a five year accelerated on on line shopping penetration and massive fiscal stimulus due to Covid we eked out 8 million EBITDA.

In other words prepare yourself from years of losses in each new territory.

Undeniably some of "super app" aspirations are commendable but they move at a snails pace and like profits the value of these is years into the future.

They may one day be a valuable company if they can survive a market downturn but if someone does not acquire them then it seems to be a diet of regular capital raising and dilution.