Ummm, I'm not sure you actually get it
@elit or maybe you do
.
So this is the first we have heard of this new product line, that's right isn't it? So where are all the staff coming from to implement and provide customer service to buyers when they start selling it? How far off is it from actually getting to market and making money from it? Apart from a few comments in a webinar, we have bugger all information about this 'new product range'. Have they arranged all of the marketing for it so that people know about it and can ascertain whether it will be suitable for their (note: not there) business? Any information you can provide there
@elit? Pfft. No because yolu, like the rest of us just found out about it today. When it finally gets to market, will we still be first movers, especially as you point out that things in the tech space move very quickly?
You state that the existing products are commercially viable. Then where are the details of additional g0o-lives, details of MRRs and details of all the cash rolling in? I seem to remember some time back that CW stated they would moving their model towards financial institutions as well as insurance. Are we to believe that that has gone off the boil now?
Contrary to your assertion, I am not downramping to pick up more shares on the opening tomorrow, so please dispense with the uninformed rhetoric. I've got quite enough thanks. I am asking questions that should be asked by retail shareholders if they are interested in what their money is being spent on and whether management is being responsible and focused. That's okay with you isn't it? None of us want this thing to turn into another IOT.
Many traders (guess who) will blow this up into a great webinar/announcement. Why? Because some of their trading stock is underwater. What a surprise. It is vitally important that people question their investments on a regular basis so that they can better understand whether they are being ripped off or lied to. I'm not saying that is happening here but we as retail investors need to keep an eye on this to avoid the pitfalls of short/medium/long term investing.
Finally, where was the information in the webinar regarding the delays of the two go-lives that were going to happen before the end of the year? Somehow, I reckon that many shareholders would be extremely interested in the answer to that question.
FYI, I also wrote to the company recently regarding the debacle that was the latest CR. I want to know why these sophs or institutional investors couldn't simply have bought on market, especially considering that they are overwhelmed by our AI products, rather than being given a 10% discount AFTER the grubs bludgeoned the SP down to 6.9c. Then they get to pick up 160mil shares @6.3c. Hallelujah, praise the lord. Of course they won't sell them for a quick buck, no.
I know it's over now but that doesn't stop it from being a bloody disgrace and totally unfair to retail shareholders who get to watch the further dilution of their investment.
FFS, people will say and do anything these days to make money. Doesn't augur well for mum and dad investors.
Rant over.
All in my humble opinion. DYOR please.
Biggles
(20min delay)