Hmm it’s interesting my thoughts and sentiment was almost identical to this Tim Faulkner guy only yesterday
if you just look at the number then it does not make sense and if just going by that it’s overvalued no question.
but like others have said it’s more than that, there is not many stocks on the asx that have truly distruptive technology and are scalable to worldwide standards.
it’s just very difficult to find gaps in the market that have not already been solved. And I think together with deans experience in the wine industry and he’s excellent PR on the asx. Has instilled investors with confidence moving forward and at 50 million MC investors are forward thinking perhaps 6 months to a year in advance on this one.
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