GSW 0.00% 29.0¢ getswift limited

Ann: Market Update, page-91

  1. 34,916 Posts.
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    It will be only a matter of time in this game when you will be caught in a trade like this for sure.

    I suggest most trading this speculative end of the market for a while have been caught in a trade like this before. I know I have. In hindsight I appreciated what others had to say, even though I didn't feel that way at the time. Bottom line is when you have a $600mill marketcap company showing very small revenues there is a large inherent risk in the investment, particularly when the company has a propensity to sensationalise in their announcements.

    If all GSW say is true it has good prospects but still a hefty marketcap to prove up. More clarity on these bigger purported contracts in development and testing will go a long way to building trust again.
 
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Currently unlisted public company.

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