Ann: 1PG Enters Agreement with Large Financial Institution, page-65

Mag,

Thats how venture capitalists value technology companies, revenue + growth.

But mum and dad investors on the ASX are different I suppose, revenue doesn't matter.... it's just the VIBE.

I have learnt quite a bit over the past 15 years trading companies, the depths of the GFC when prices were falling 30% in a day teaches you a few valuable lessons about how quickly the tide can turn and to procect your profits and never get caught up in a 'story' about it becoming the next google, facebook, twitter.

Those companies are outliers. Like catching lightning in a bottle.