Fair enough , lest see if we can agree on how important tomorrow...

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lakota6

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02/04/20

11:04

Post #: 43836286
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Originally posted by $tockfella ↑

Ive seen many a stock in my day retrace, heavily. And then rebound heavier. Many of them. Ive seen many sink and never rebound. What the company has here is a tangible product and a business model that is as sustainable growth story once the approvals drop, the factory produces, and the agreements purchase and lease, and the call centres recur their revenue. Many here are not happy because this has taken longer than they wanted. If we want to talk about the business model (superb), and the products (superb), then one will see this is a mammoth of a company. If we want to talk about disclosures, annual report dates, shareholder communication, then in my opinion it is trivial. The company will be HUGE. Last time I checked, company performance revolves around it's capacity to generate revenue, recur that revenue, and make profit. Startups take years to break even usually. This will break even very quickly when the approvals drop. And then it will make profit. Patience is a virtue. Im patient, and think I will be rewarded for it. In the meantime, great news on Italy. China or USA next.

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Fair enough , lest see if we can agree on how important tomorrow is.
The A$5M payment to Magna was not paid by the company on or before 31st March , therefore according to ASX releases , the guarantor , the CEO , is to pay the $5M by tomorrow , if not , no floor price CN will be issued.

GMV Price at posting: 4.5¢ Sentiment: Hold Disclosure: Held
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Fair enough , lest see if we can agree on how important tomorrow...

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