Au8 fair value is 3c

au8 fair value is 3c, that is good money from IPO. It does not make anything, it is a retailer.

I am a daigou, know the market well. Just a couple of months ago, there are two bigger chain store sold, at less than
inventory price, because no matter how hard they try, cant stop lose money. These two chain stores attracted much
more customer than au8. Last 6 couple months, dozens of gift store closed dwon in Sydney.

au8 also target tourist customers, then you look at Sydney city, there were 2 shop closed down in Chinatown just last
month. These 2 shop run many years and targeted tourist.

Daigou feel much more difficult to do business than two years ago. If could not make money two years ago, then lose
money guaranteed today. how much au8 made two years ago ?

By the way, usually there is no shopping receipt to customers, how much make or lose depend on managements will.
au8 has 5 (or 7) stores, how much staff cost in prospectus? below minimum wage is guaranteed. Management
background is so ambiguous, I really dont know what's qualification and ability they have. Sometimes I feel au8 is far
away from a public company.

au8 seed money worth less than 1c per share, I guess some inventory will expire soon. seed investor are willing to
dump share even at 2c, lets see top20 list change. If it can last 2 years, I bet share price will be less than 1c.

I dont want put dirty on au8, but I have moral responsibility to tell the truth.