RYG (ASX) excited

Originally posted by Stockcount ↑

Yes no mystery, all laid out. But plans change, surprisingly often.

Yes, the 6mil would be useful to a company, but funds were raised via a share issue so its not free money.

It will take a good announcement to absorb all the permutations of these shares on issue to basically get to a MC of 50mil. A good announcement might take the MC to a 100 mil. A really, really good annc could go alot further.

But as it stands the share price is not going to stay where it is.

We will in the fullness of time find out how excited the market is about what xped is offering. I can't risk that this is a big IoT (very popular at the moment ie.fad) thing because I don't really understand the technology and where its intrinsic value lies.

I need to be blunt. There are scammers in the stockmarket.

When the deal is done I will believe. I will miss the first multi bagger bounce, but I wont lose anything at all if the promise dries up in a long list of dissappointing announcements and paperwork, after they SELL all those shares at multi bagger rates themselves.

I know Im being very pessimistic. But sheet does happen. Basically I have been burnt before. Big promises. All looking so orderly. Nothing delivered. This is why the banks don't touch this end of town.

Good luck to all. Really.

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Stockcount that is really bad luck you have burnt bad and many times as well so shall I take this as your not such a good stock picker or is it just bad luck .
However we can agree on some things you have mentioned.
Yes money is never ever free and can I add as well from personal experience there is no such thing as a free lunch
Yes the share price is not going to stand where it is.
Yes in the fullness of time we will know how excited the market is about Xped.
Yes I agree your statement you don't really understand the technology (your words not mine)
When the deal is done I believe I will miss the first multibagger (your words)
A good announcement might take the MC to 100 mill or more (your words)

Actually there's a fair few positives in your post lets hope some eventuate and putting it simply we can't predict SPs all we can do is go by intution backed up by fundamentals and just wegh risk and reward up
Goodluck with your future investing