Some evidence from last week that ASX and typical aussie holders have literally no idea about valuing tech companies, and why big US investors are swooping in.
The people who are here constantly commenting crazy nonsense need to get a life, do some real research of tech both in the listed and private space, in both USA and Australia. There is no worse combination for a tech company than to be a) listed and b) listed on an Australian stock exchange! It’s time for LVT to move on, and the crazies on these threads.
https://www.copyright link/technology/asx-tech-small-cap-snapped-up-by-us-spac-at-15x-premium-20220725-p5b4c1
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