Content is King ...agreed. The content on QFX continues to improve. Sure Foxtel is making bucks...but here we're talking about Quickflix. It can make bucks alongside Foxtel... We know there is a new content offering in the offing.
The poor schmucks who paid 15cps could have taken up the rights issue at 1cps and average down big time...like most of us holders did....if they believe in the company.
If they don't believe in the company...why own the shares at all?
As for me I'm not excited by a single pip...but the potential for a much bigger move.
Judging by the bloated buy side....others are too!
QFX Price at posting:
1.4¢ Sentiment: ST Buy Disclosure: Held