NZS 0.00% 0.2¢ new zealand coastal seafoods limited

I don't mean to be a negative nelly but...this seems like...

  1. 668 Posts.
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    I don't mean to be a negative nelly but...this seems like another nothing announcement to me. How can this possibly equate to significant revenue in the near future? "$45bil college football industry"...that isn't the size of the market potential for this product! A product not even developed yet...and which it appears to me that xtv would only have a minor % claim to the revenue generated from it. This piece of fluff news will be used by the traders to make a few pips, but will likely get sold back down after they push it to 0.021 ish and then stack the sell side again, like every other time. I'm not convinced xtv offers a truly disruptive product that big business truly needs....and further to this I'm not a fan of the massive amount of shares on issue and the way that the options issue was conducted. It's an uphill battle from here...but if some decent customers are announced with real revenue attached to it, I'll consider buying back in. Good luck all
 
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