...or US investors may continue to load up and the SP continues its rapid rise to account for EV, intangible value and increased insto investor confidence. If that were to occur and significant clarifying, reassuring information were to be provided during the GSW Conference Call on 26 Sep 2019, then selling off at this point may be imprudent and not thinking very long term.
I see the global market need for last-mile-services is huge and GSW, while saddled with the complications of their previous mistakes due to what was likely mainly weak governance and ASX inexperience, has potentially good rollout momentum / increasingly a competitive advantage due to acquisitions and R&D as well as Sales investment (i.e. accelerates growth of market share) such that they may take a significant and decisive lead in the sea of potential market leaders.
GSW Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held
