ermm.. reads like 'buy for a day trade'...
which is about right
Long term, I'm suspecting an alternate line of business. Have done for a while - but especially with the new CFO.
Current product.. well they tried to be first mover, but Jo is an idiot. They failed to exploit first mover advantage, yet fell into all the traps. Competitors are entering. Just today I spoke with a startup in Perth who is putting a competitive offering together - 4 smart guys, already have a 100% working product, seeking only 500-750k private funding as they are not experienced in the last legs of go-to-market. Seek is doing similar, and other US organisations.
Jo's magical "revenue pipeline" has no reason to be loyal, contractually or by proven compelling value.
Will still hold, as hopefully we can pick up a lithium exploration lease somewhere... those seem popular lately![]()
Add to My Watchlist
What is My Watchlist?