Lack of liquidity means the traders won't be piling into this. Also institutions won't bother either because there's not enough available to buy to make it worthwhile. Top 20 hold 83% and a big chunk of that is management and associates. Float only raised $1.5m and it was oversubscribed, the founders obviously want to keep the register pretty tight. Need a few more quarters to get a better handle on the growth rate but it's looking promising. Market cap feels about right for where they are at right now.
Lack of liquidity means the traders won't be piling into this....
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
