Why would I be nervous?
The market is going to thrash this stock when it trades again. It was riding on hype and every person buying and investing in it was getting way ahead of themselves and have been served a nice little wake up call. I think a lot of people will be disappointed by the numbers. They will most likely show growth, but not growth to justify a +500m Mcap. We are in Australia not the US.
The management to me appear nothing but imcompetent. Contracts that aren’t actually contracts and you need to hire someone to make sure your disclosure is adequate. JM a spud footballer and a spud businessman lel.
The market will have no confidence in the board / executive team regardless so its hard justifying the price going up.
This stock will get what it deserves.
Why would I be nervous? The market is going to thrash this stock...
-
- There are more pages in this discussion • 161 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)