That is a good point. The underlying business is robust - cheap, good, wireless internet in a country plagued by bad internet. 5GG provides good internet and should continue to do so. I am just exhausted watching management pour shareholder money into white elephants only peripherally associated with the company's core business of providing cheap good internet. 5GG are not Tesla, they're a (now) ~$65M EV ISP in a minor Australian capital city. Other posts I've made on 5GG spell out my preferred strategy would be 5GG leveraging their first-mover wireless internet tech by aggressively moving over East. But I can feel another big raise coming at bargin-basement prices.
5GG Price at posting:
39.0¢ Sentiment: Sell Disclosure: Held
