Share price, page-84

I have no issue with “facts” or reality as long as they are actually “facts” or reality. Your post is complete nonsense. Most of the pre-revenue tech plays in the US are backed by venture capital that is substantially more sophisticated in this space than you or I.

Unfortunately my observation is the Aussie market is littered with small “funds” who mascerade as “institutions” when really they are just traders chasing quarterly returns and recycling money in the market. We may well have one or two of these types in MSM and ultimately they will sell out and book a 20% gain so their stakeholders stay happy because they outperformed the index. You don’t have to be as short sighted as those clowns.

Some of the big tech acquisitions were barely generating revenue. Look at TWITCH for example. Google and Amazon realized the potential early and Amazon finally acquired the business for $970 million. It is estimated that Twitch only had $16 million of revenue that year and an operating loss of $4 million. Some analysts are now estimating Twitch will generate $1 billion in revenue in 2020 and value the business at $20 billion. Why? Because Amazon and Google (for example) understand how to monitize a business once it has engagement and reach.

MSM could be another Twitch. Yes, it’s definately too early to know that but my point is this is basically a US domiciled company that is unbelievably listed on the Aussie market and if these engagement numbers persist and downloads ramp up then it will get noticed by US venture capital and some of you will only have a story to tell your mates at the pub about how you used to have a position in MSM...

That won’t be me.