10 Bag WR1 FA & Discussion, page-1007

And while we had a stunted run to begin with, are holding the vicinity of the IPO 20c.
Noting chris said, that there was 80m of equity that wanted to invest originally and they had to knock it back to the 18m they raised in the IPO.

So plenty of punters wanted our undervalued to peers in the sector when the music was on, reflecting the perception that we are in the right place to revalue over the longer term.

Now think about recent listing LLL leo. IPO at 70c, and emerged in a shit show of a market, now trading 46.5c. In africa, problematic.

Stick to tier 1 jurisdictions, if you want to be in it for the long haul. And you want to catch the first waves of money flow that will cycle back. Sectors eb for a while, and then they remember, and everyone wants back in.
The tide moves to and fro, but come reality of our DMS pathway, will stack the bets on the one who can deliver.