Hi Stweeve,
Good points but I have to lean towards Spanker on this, but it was obvious the smart money already knew this last week when there was a sharp sell down.
I'd like it to go lower because I only took a small position on Friday anyway, but I think Spanker's point is a relevant one. Could go either way. My guess is you probably would like to re-enter too.
The presentation is a very interesting read, and some of the metrics compared to the existing business (P.10) look very exciting. OF course it's all about margins and revenue doesn't guarantee profit, but it's a very exciting Macro sector. I just wish I'd looked at these guys earlier, and more broadly ICQ & IPP. Someone mentioned a month ago they'd love to own catcha group and I'd almost certainly agree.
I eagerly await the market reaction
GL all
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