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31/10/16
09:34
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Originally posted by Teringie
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Isn't it a case of getting these big companies using the product and then start charging? How much revenue did Facebook and most other online internet software providers generate when they first release their product.it takes time for Big companies to learn and use tools. What did a company like nearmaps do for the first 3 months. Let everyone use it for free, then you charge.
Perhaps it's taking a little longer for it to be accepted than what they predicted, but based on positive comments made in the last quarters commentaries then at the very least the stock is a hold. Based on the cash backing and no debt it's a Buy. I like most have had my fingers burnt on this, but it's worth a punt. Low risk at the entry point, but massive upside. Nothing in life is gaurenteed.
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it may take longer. however they keep dropping the price of the product