Im not a downramper. HOLD HELD
With this company the value is with the belief in the tech only currently.
They have no revenue and continue to hold high Australian salaries in house and looks to be overstaffed, even by Australian standards.
So I make my play as s ingle transaction and wait and see based on my predictions which is that this is a TO play and not a revenue generation SP rise which would be 5 year away at best to be a ten bagger.
Based on the numbers invested a TO without revenue is best bet because when revenue rises as a general moderate % the TO target price also rises. Any rise in SP is good as I bought well below current price.
Never double down on a single play, leave that for the resource sector and never double down pre CR or IPO...
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