Great analysis @Nitsuj81 we always appreciate a good post when someone has spent the time and energy into finding valuable content.
It's hard to think we are still valued at $2.4m but we can't argue. Only accumulate.
In regards to blockchain, I've been recently studying the price action of bitcoin back around the new calendar year, and comparing it to that of shares in businesses which used blockchain or that were in the process of implementing the technology.
Observe the price of bitcoin, then have a look at blockchain shares such as; OOK, RFN, FGF, LNU etc. It is through this use of juxtaposition that it appears the market has joined both bitcoin and blockchain technology at the hips.
*I would post graphs to emphasis the comparison, but I may get moderated for cross-promoting*
It's not a negative thing, but I think the only way the market will value in our blockchain technology will be if we see cryptocurrency move again. But in saying that, if blockchain is integrated, it would make for a more user-friendly platform which may be the difference between potential clients and revenue.
If anyone can elaborate on the above that would be highly appreciative
Looking forward to the last week of tax-loss selling. Bring on the new financial year!
Dalto24![]()
Ann: Change of Director's Interest Notice, page-9
Add to My Watchlist
What is My Watchlist?