MSM 0.00% 5.9¢ msm corporation international ltd

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  1. 269 Posts.
    Good point Spy lord,

    But IMO, the stock dynamics will change once MSM ramps up its marketing campaign in the US.  I expect foreign buyers will fuel demand for script. Most locals will miss out because once this stock jumps from the gates; there will be no decent pullback until after the competition. ASX has not had anything close to a pure ‘social media’ stock such as MSM and this is why investors have no experience in valuing such a stock.
    I expect that once market cap reaches $200 +, MSM will list on a foreign exchange (US and or ASIA)

    As ‘Sugar King’ has already pointed out in a recent post:

    The tech world is paying extraordinary valuations for basically what can be broken down into 2 categories:

    Volume and retention: the number of people using an "app" and
    Activity: the amount of time people spend on that app once they are in it.

    “Quite simply, the more people using it for more time = DRIVE VALUE. Not revenue”


    (I don't know who SK is, but he sure knows his stuff)

    Cheers
    Huck
    DYOR
    Last edited by huckle: 25/03/17
 
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