This forum for NET has become a pretty impressive black hole of...

  1. 162 Posts.
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    This forum for NET has become a pretty impressive black hole of people's time. Hence I don't travel over much until I need to see what our old faithful NET holders are talking about.... I miss your optimism Brett.

    Here's a basic fact for you guys, not focusing on all the other speculation:
    At an undiluted market cap of over 120mill, with only 3m cash receipts in the recent qtr report, it's overvalued on a fundamental analysis.
    Yes you can argue that some of that market cap is for 'potential'... but that is still yet to be seen when the 'costs of sales/development' surpasses the cash receipts generated.

    In this current bull market, you guys could have sold all of your NET shares, picked a random stock from the front page of HotCopper and you guys would have made 10-20% in a month??
 
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