i remember hearing on radio a major US fund manager who specialised in tech companies being asked what is the most important attribute in tech when considering investments. His answer. "Does it work". You can run all the sales and marketing strategies you want but for the blue sky potential that tech is valued at the product has to do what it says it will and probably be best in class and able to hold of competition from bigger companies, new entrants or existing players that you're seeking to disrupt.
I still dont know with Yojee. I want to believe, I really do, but every announcement I'm looking for evidence that this product is world beating and there is just so much spin and buzzwords to wade through
Take the pitch in this preso that Yojee is at the centre of the new silk road $8Trillion network. Think about that. The guy sitting in a Singapore pub with a schooner is also at the centre of this new silk road just by being there as well. So what. Serious companies don't do this stuff. Spruikers talk in this type of language, waving massive upside at people irrespective of the company being only what, three years old from absolute startup and still trying to establish a solid market position.
I dont know how to validate what we've got here beyond an interesting strategy/idea.
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31.0¢ |
Change
0.010(3.33%) |
Mkt cap ! $100.1M |
Open | High | Low | Value | Volume |
30.0¢ | 31.0¢ | 30.0¢ | $50.04K | 162.0K |
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No. | Vol. | Price($) |
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1 | 906 | 30.5¢ |
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Price($) | Vol. | No. |
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31.0¢ | 44646 | 2 |
View Market Depth
No. | Vol. | Price($) |
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3 | 48335 | 0.300 |
1 | 18400 | 0.295 |
3 | 52473 | 0.290 |
1 | 1000 | 0.280 |
2 | 21111 | 0.270 |
Price($) | Vol. | No. |
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0.310 | 44646 | 2 |
0.315 | 50000 | 1 |
0.320 | 24068 | 4 |
0.325 | 4250 | 2 |
0.330 | 9000 | 1 |
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