Need to take your blinkers off... this will be going down hard and fast and no announcement will alleviate the downfall in the very short term. ~around 180k in receipts per quarter, but burning cash of about 0.5mil, and an EV of ~500mil do not add up. You can double receipts quarter on quarter and it will take a few years for this to justify its MC.
I will admit I tried to get in at IPO but decided to hold off due to something identified in the financials (https://hotcopper.com.au/threads/getswift-ipo.3043109/) that slightly worried me (nothing untowards but just that I thought growth may take a while). Was hoping to pickup on market for around 15c... when it started going up I could not believe it. But I missed an opportunity to make a quick buck.
But after reading what I have read and I am 99.9% convinced it has substance, there is nowhere for this to hide.
GSW Price at posting:
$2.92 Sentiment: Sell Disclosure: Not Held
