Those guys were not believers. They were cheerleaders.
The company has consistently signed accounts, updated the market and forecast 30% qoq growth, updated that it will be higher than expected, lowered cash operating cost, and suceeded at every card and banking license application. The revenue is on a massive uptick and many more customers in the pipeline. Europe has only just started and isx has cracked a very tricky chinese market.
The sp isnt an indication of management performance. It is an indication of a hundred or so retail traders onboarding with port philip press and other write ups, then jumping ship when the sp doesnt go 300% in a couple of days.
Good luck to them. They improve my average price and total holding when they go. Cya later.
