LU7 6.67% 1.4¢ lithium universe limited

Please dont tell me they're going to pivot again... Buy & Build...

  1. 482 Posts.
    lightbulb Created with Sketch. 455
    Please dont tell me they're going to pivot again... Buy & Build strategy... They couldnt even build something they already built, how are they gonna build something they buy.

    1st they had the multi-lingual platform, then targetting the Asian market, then the mobile gaming platform, then the big brand names, then targetting the USmarket, now buy & build?

    Becoming a common theme here:
    Step 1 - Start a new project in January
    Step 2 - Fail that project by December
    Step 3 - Pivot
    Step 4 - repeat steps 1 to 3 as long as you can to fund Gernot Abl's other co-founding venture "Live Verdure Limited".

    Don't understand how Gernot can fulfill his roles and remain gainfully employed whilst Launching an IPO in another company...

    Will be interesting to see how much money Management can pull together with their track record...



    https://hotcopper.com.au/data/attachments/3904/3904576-466b8d7e7e696f4e059920c670f42fc4.jpg
 
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