I don't believe that analogy one bit hailoh. I think their business model is very sound and well planned out, (it's the reason I bought in) and Imo they are carefully building up a company here from the grass roots up, and planning to be around for a long time. It just takes time.
As we all know all the fintechs have been suffering selloffs, so Imo (even with the EMI now) Pil is not immune to sector weakness, even if it's showing great potential. That's my view anyway.
I like Forget The Rests answer to this weakness, I went fishing
Daily Price Movement / General Discussion, page-990
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $21.21M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $65.3K | 7.176M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 7593550 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 5197721 | 13 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PIL (ASX) Chart |