Anyone thinking that this will be the next CSL is kidding themselves. The addressable market that CSL is involved in is much greater than SHG. But that's not to say SHG can't shoot the lights out and have a very successful listing. Also CSL was founded in 1916 and was listed in 1994 whilst SHG was founded in 2017 and is listing barely 4 years later. So naturally CSL would have been in a much stronger financial position with much greater revenue when it went public. I certainly wouldn't assess a company's potential based on it's revenue considering it's only been around for a few years. I'm rather quiet impressed with what they have been able to create from a technology standpoint in such a short period of time. With a bit of funding on their side, I'm expecting to see exponential growth. The hard work has been done.
SHG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
