I wasn't expecting such a large cash burn as usual they have delivered. The goal is to grow in market share no matter the cost therefore selling products at a loss in the plan. Is this a good plan or not only time will tell. For me Im stuck in this as I was too slow to get out in the 20's. I did make a nice small trade profit but my larger holding well under water.
My advice in general is to get out of the ASX stock market its a dog. Short term trades only with limited companies. Being lied to, manipulated algos and crooks. I have to hold a few dogs long term such as E88 as Im down 70% or so on many of them. Sell most of your stocks now imo! I think holding E88 could pay off but not worth large coin.
E88 Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
