revenue has fallen off a cliff for his major asset
The company makes no money and it appears many of the businesses are not growing revenue hardly at all if any.
Fine to put up realestate.com.au but they have had growth in revenue.
There is still upside in this stock as they have managed to stay cashflow neutral and if they can increase revenue and traction off a relatively fixed cost base we could see some significant upside but this is a 5 to 10 year view.
If you are in this stock for the trade you are in the wrong stock.
I wouldn't be surprised if this stock didn't exist in a few years - if it does deliver the upside is massive Big punt here. I wouldn't be betting the farm and happy to hold around 5% of my portfolio in this and see where it goes
FDV Price at posting:
44.0¢ Sentiment: Hold Disclosure: Held
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