Good point Spy lord, But IMO, the stock dynamics will change...

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