My guess, - NB, - is that it will initially attract uninformed skeptics who will easily find all sorts of reasons why it is not going to succeed. But that will be a mistake because it IS here to stay. The same people will play up the criminal angle, and I am expecting an onslaught of bad negative publicity.
Perhaps similar to what Fortescue copped when it was in its infancy.
The difference is that nobody can call the MD a 'failed entrepreneur' which is what Andrew Forrest moniker was for years.
I was very impressed to see the CBS story yesterday. We all know what the power of the hi-speed traders and big banks, is, and now they're in.
MEJ Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held