This is just your typical ASX lifestyle business. Always chasing what's hot, taking money off your everyday investor who's trying to make some money knowing full well they have jack shit.
On the ASX specifically, stick to trading companies that are turning a profit, saves a lot of $$. Too many dog stocks with crooked directors lining their own pockets. it's criminal. Growth stocks are good but should only be used with throw away cash. The satellite portion of your portfolio.
This isn't good news for existing holders, so my condolences, better luck next time!
I was following this company whilst looking for AI stocks, so got the alert and had a nosey. I'm not a holder and never have been, just sharing my 2 cents. for what it's worth.
