Sorry for the double up I meant to post on this thread
Guys. This is a speculative stock.
For those that don't know what that means, it means that it is a high risk venture that will be some time away from solid revenue figures. The value of a speculative stock is based much more on the potential reward/risk ratio. If you wan't to wait until you see solid revenue data and multiple OTT contracts in place that is a defensible strategy but here's the rub, the price won't be anywhere under 15 cents when and if this happens.
So either pick up a bargain and take some risk or sit tight for a safer bet in a few more weeks but please don't ask for solid revenue figures from a speculative stock that has only had its products to market for less than 30 weeks. Perhaps some of you have wondered over from the woolworths forum by accident.
