I do think many people understand the risk involved with investing in what is definitely a speculation stock. I know I definitely do not overlook the fact that there is a lot of risk involved. The only reason I make mention to RAP is because both companies have a mobile application that are in the same industry. And yes the price is well and truely in a bad position, but IMO (and that's all it is) it has some great support from large organisations (CSIRO, BUPA) - they clearly see potential in this application to be applied on a commercial scale. I feel that has to mean something. But again I reiterate off course this is a speculation stock, and just because it is down in price doesn't mean it can't bounce back (or go lower) - but I mean the recent announcement about the MOU saw it jump about 12% - imagine what results or new deal announcements could do.
Anything is possible.
MNQ Price at posting:
1.1¢ Sentiment: None Disclosure: Held
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