GOO 0.00% 5.7¢ gooroo ventures limited

Berger IMO, handled the IPO poorly in terms of populating the...

  1. 1,234 Posts.
    lightbulb Created with Sketch. 561
    Berger

    IMO, handled the IPO poorly in terms of populating the share register. I have been watching their progress since the outset and took my first position on Monday. In think their product has the 'uniqueness' factor and this should set the platform. Their CEO is a good communicator via his monthly email updates and the most recent announcements hint at them gaining some traction.

    All said their FY 17 Revenue was miniscual and expect similar in the next quarterly. So SP could prove to be quite volatile on very thin volumes. Other's may also be seeing this as buy, hold and monitor. I secured 9.9c which seems a reasonable entry point.

    Rokewa
 
watchlist Created with Sketch. Add GOO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.