Congratulations on all. It would have been hard to lose money on this stock recently but hey I got out too early but can't complain will keep watching. I might consider another trade once we see a reversal.
The only thing that concerns me about the stock is basically we have this linear revenue growth. Really if we are getting such retention and pouring money on top I imagine the growth would start to curve which we haven't seen. Then we have a mother of all cap raises which is to expand into other regions though not clear on why. I mean if I sell something on ebay it goes national/worldwide straight away. Is it for rights, marketing, bribes??
It would be nice if they were to explain what they use the capital for. Still will trade it no worries. Doesn't really matter to me as a trader. Sure it would suit me to downramp to low 2, or whatever still if I were to reinvest at these levels I want more transparency. So wonder how far this can go as is.
Good luck,
SMA Price at posting:
2.9¢ Sentiment: Hold Disclosure: Not Held
