EPY 2.63% 18.5¢ earlypay ltd

Fastbuck,Hmmm, that's the $6000 question!At the moment, every...

  1. 3,794 Posts.
    lightbulb Created with Sketch. 341
    Fastbuck,

    Hmmm, that's the $6000 question!
    At the moment, every company with plans to expand seems to be waiting for this magical 'starting gun' signalling the end of the recession. But this gun is really a myth.
    EPY is currently hinging on getting into China, which is a
    tough market thus the delays. Most companies that go into China either face bureaucracy or have their product copied. Thus the old joke that if you drop a CD in the street in China, by the time you pick it up someone's made 3 million copies of it.
    If EPY pulls it off, then it'll be great for the company.

    I don't think I can give you the answer you want, but EPY is
    on hold for the next big move, so until then, it's checked into the ASX nursing home.

    In Thailand, where I currently live and work, it's expanded significantly by building up an impressive retail base and is soon to sign up TOT (Thailand's Telstra) for pre-paid products which is quite significant. It now has all the major mobile companies.

    My intention is not to ramp this stock, my original purpose buying it is still there, and until that changes I'll wait and even slowly accumulate. It is in a promising market with potential.
    I apologise if I've given you no clear compass bearing, but
    you need to be reminded it's still a speculative stock.

    Regards
 
watchlist Created with Sketch. Add EPY (ASX) to my watchlist
(20min delay)
Last
18.5¢
Change
-0.005(2.63%)
Mkt cap ! $50.48M
Open High Low Value Volume
19.0¢ 19.0¢ 18.5¢ $75.47K 407.8K

Buyers (Bids)

No. Vol. Price($)
1 97141 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 45383 2
View Market Depth
Last trade - 13.36pm 06/09/2024 (20 minute delay) ?
EPY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.