The market seems to disagree with being able to buy now and sell at a profit once the SEA tournament launches, otherwise we wouldn't be at cap raise levels.
All this has been priced in and I give it a high chance of buy the rumour sell the news playing out.
The only thing that will move SP is user acquisitions and revenue numbers, the markets not what it was 12 months ago with runaway valuations on potential future growth.
I've had to learn this transition the hard way in other stocks. The markets requiring much more certainty then it used to.
We won't be seeing 100mil valuations with out proof of user uptake and revenue.
I'll extend an olive branch and I think if we have positive sticky user uptake and acquisition on the back of these tournaments etc even without great monetization we may see some appreciation in share price. The key thing will be user retention and stickiness.
Just a punters thoughts
GLTAH
J
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $7.126M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.2¢ | $10.71K | 886.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 27191 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 390619 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 23002 | 0.012 |
7 | 621909 | 0.011 |
8 | 1215000 | 0.010 |
1 | 120000 | 0.008 |
1 | 200000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 330500 | 2 |
0.014 | 331002 | 5 |
0.015 | 400000 | 1 |
0.016 | 1246400 | 4 |
0.017 | 1072327 | 3 |
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