Hey MaryJane55,
Do you have experience in SaaS businesses?
I agree with your sentiments - too early to call and we should treat this as a pre revenue business. Albeit one that has proven demand on a small scale and ability to execute in multiple cities globally and integrate with other platforms like Toast, Xero and the like.
I have also been topping up at these levels. I also noticed the meagre marketing as well as the initial response of Bane and Joel when this blew up - i.e. the yellow journalism quote and quote about conflict selling newspapers - which tells me they are not concerned.
I also think the end game is a buy out, but not by NA Williams.
How often do you get to invest in a company that recently raised capital and was oversubscribed at $4, but buy in at 40c?
All the best - I have the appropriate size and patience to make it count.
- Forums
- ASX - By Stock
- GSW
- Ann: Appendix 4C - quarterly
Ann: Appendix 4C - quarterly, page-118
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)