CL8 0.00% 1.0¢ carly holdings limited

Whats going on????, page-33

  1. 304 Posts.
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    If you're long term sighted you'll see these dips and highs as typical penny stock trading, but with there being a massive bigger picture potential in the future.

    You can't get too hung up on it dipping like this - yeah it sucks and maybe your portfolio is in the red (like mine) but I don't place too much worry on it.

    If you look at past announcements, there is plenty of information to build confidence. They are obviously in talks with a big institutional investor and these things take time (which they do as I've seen in the past with other companies). There is no point putting out small petty announcements based on the progress of this deal because there might not be anything to update. Yes we are waiting for approval from ASX and they've told us that so we can expect a little time delay. They're also an INTERNATIONAL institutional investor, maybe from the USA or the UK with a time difference - so it's not as easy to negotiate the terms or the deal. Flying back and forth or having video conferences and these investors are probably busy with other things too which further adds to the time delay.

    Patience is key, be patient and you'll be rewarded.

    I came into this stock expecting immediate returns from share price growth a year ago. I was obviously wrong but now I'm here for the long haul because there is massive potential with this company. They're developing scalable global products and solidifying and making their systems robust for large demand and growth.

    They have done several things I didn't even see coming and it's incredible! FinTech, going to dealerships and getting them to list their new cars, going to the airport where people can rent out their car while they're away etc. And now (my guess is) a multimillion dollar investment by an international institutional investor to project the companies growth like nothing we've seen yet. Exponentially.

    CL8 has a massive vision, which has grown much larger than just households renting their cars which is what I initially thought.

    So be patient, and you will be rewarded.

    GLTA, DYOR and all the other acronyms we're supposed to say haha
 
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