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Investor Webinar invitation by Adrian Floate for oct 16, page-81

  1. 784 Posts.
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    @AL5 As nice as it can be said... the content of your post is pretty foolish.

    If you listened to today's entire webinar and came away disappointed, you are looking for and wanting entirely the wrong thing.

    Adrian did share positive news. Lots of it, including but not limited to:
    • company will soon be updating the market on CFO appointment
    • company is continuing to hire other positions
    • has over $1b of merchant payments in current 'funnel' (i.e. trials and software users they are trying to move to payments)
    • has large 'enterprise' clients in trial contracts
    • is on track to complete acquisition of Appstablishment on time

    Adrian explained why individual customer announcements are not desirable. Price sensitive ASX announcements are hassle. Clients don;t want their contract particulars announced.

    If the business is going to be massive, they aren't going to announce every tom, dick and harry who onboards because there will literally be thousands of them.

    The share market is not driven by company specific positive news at all. Sugar hits are nice every now and again, but they aren;t what is to be relied upon.

    In the interests of preserving your capital and your sanity, you need to increase your understanding and modify you expectations quite substantially.
    Last edited by Th3Flash: 16/10/20
 
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