fundamentals is the guide at this stage

  1. 7,454 Posts.
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    I welcome discussion on fundamentals.
    I am holding on for profits.
    My reading of the situation is that management has done all the market analysis needed to ascertain the profit potential.
    At a recent Melbourne meeting I had chance to quiz CEO.
    It appears they did market (real) tests on subjects who thought the product was available for purchase right now.
    Take up rate was very high indeed. Sales is not the weak link at all.
    I see few weak links if any and the market size is extraordinary. It justifies MC multiples from here.
    I expect chart to point upwards for quite some time.
    Good luck to holders
 
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