GSW 0.00% 29.0¢ getswift limited

GSW enthusiasts 1 year reunion, page-15

  1. 152 Posts.
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    On a very high level, GSW has:

    • Cash & term deposits
    • Technology that is hard to measure whether it is top-shelf or mediocre
    • 1M AUD approx operating revenue

    Sadly, the following is also true:

    • Insto investors leaving
    • Up to 3 CA law suits
    • ASIC pursuing penalties
    • Poor leadership & management

    At no stage are investors left with knowledge in regards to which enterprise customers are using the technology. All you hear is "verticals" "60+ countries etc". I doubt many enterprise customers are using the tech, based on the sub-par operating revenue . So why could this be?

    Perhaps the technology cannot meet the demands on enterprise needs? --
    Perhaps enterprise customers do not want to be associated with a company undergoing so many issues?
    Perhaps GetSwift signs customers but cannot execute & has a high churn rate?

    As you said, it is a falling knife. Sadly, I do not see it (meaningfully) raising anytime soon. The question to keep in mind, if GSW did not have such significant reserves, what would the share price be? Would you even consider the stock?

 
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