Thing is the Australian market is largely aloof when it comes to tech stocks. As frustrating as it is, I expect it will take either a savvy US institution buying in huge, a takeover offer or simply listing in the US to really send it parabolic.
I would be delighted to be proved wrong, but the money won’t come from onshore in any case, of that I’m pretty certain.
Of course, that just means it’s a golden opportunity for those who have noticed to get in so cheap.
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