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Fickle John

2,377 Posts.

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09/07/20

12:57

Post #: 45749923
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Originally posted by DJP1806: ↑

I've got a couple of thousand more than you chilli and my average is 33c. The product sounds interesting and I am not sure why there isn't more appetite for it. It certainly is high risk/high reward - it could all go to poop or it could take off. Where would I be a seller? If it got going I don't know that I would but if it keeps dragging its feet I might well lose interest. Certainly I know Karl from law school days and he was a likeable and smart fellow so I have a fair bit of confidence in his ability to market himself and the product - given that they seem to have got to the point of not needing to go back to the well of hands out for more money it should start to step up as announcements come in - let's hope so.

Fingers crossed and GLTAH.

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I don't see this as high risk.

It's just the Aussie investor mindset is very different to the US/NASDAX mentality.

It's a crude oversimplification, but Aussie investors like dividends and profits. US investors like growth and expansion.

Casual retail investors don't quite understand or find the space appealing.

Worst case it will limp to 40+a share in 24 months IMO

Best case is huge

LVT Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
16 Upvote

4 Great analysis

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100,000 Club, page-9

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