Too soon to tell would be my thinking but there are some good signs that there is money to be made, the question is when...
It appears (and this is just my take) that they have had 1x good year off the back of a big spend on marketing. They're now listed and have some cash in the bank to hopefully continue this trajectory. If they can show consistent growth and activity then the market may respond well. Product function and feature development will all help in this regard, then seeing results off the back of new services etc.
Canacord are the big holders having bought in at 2c as part of the listing. There is plenty of info online for these guys, a lot of it quite negative and written by people who got burned from buying in at dumb prices prior to Canacord entering the picture. With Canacord at 2c, this gives me some sense of comfort as it'll be unlikely for them to dump and run within the next 6-12 months at anything lower than 2c. That all hinges on company performance.. they
In the short term I think it can go lower (as often happens when Canacord are around..), I'd be interested in broker data since listing if anyone has a screencap to share? Seeing Canacord starting to accumulate more is a good sign, if and when that happens.
If I wasn't already holding (I had UUV and UUVOA prior to change to 1CG), then I'd be considering pickiung some up in the 1.2-1.3 range assuming it drops down there which I suspect it will.
All of the above is my subjective opinion and not advice in any way.
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