Agree. It is slow on the uptake, but let''s go through some fundamentals. Has this businenss model experienced success in the past - albeit in different geographical areas? YES Are their sufficient 'business smarts with experience'' running the biz? YES Is the market which we are attacking of sufficient scale? A qualified YES because we probably need to 'prove up' how a lesser disposable income geographic adapts to the business model. Plus the bounce of the ball hasn't eactly favoured us with the economical & political woes of Pakistan and Covid etc Overall, I think it needs an additional year to see if it has potential to scale properly and commercially. That said, I''d be pretty sure Shaun & his management team will know they are running out of quarters and excuses. Time to get the wheels up.
FDV Price at posting:
48.0¢ Sentiment: None Disclosure: Held
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