Lets see if they list first ?
All of PILs assurances about finances and deals with associates etc
have turned out to be utter garbage . Yet they kept the same story line going for almost two years .
Whats changed in the MO of management to think that they are harnessing potentially huge income streams .
They quote some 50,000 agents - how many are active ? - this they never disclose
because their onbearing processes and support to agents in the past was most likely
very poorly operated .
Hopefully they have ironed out some of their technichal glitches - it s always twice as hard to get some one back for a 2nd time if they haven't had a good experience with an app .
Yes if PIL does list ...the stock might run on basis of a stack of lemming like supporters believing that this finteck is going to go places
The proff will be in the pudding - and PIL needs to demonstate that is is actually making real dollars - remember they need approx 2-3 times the revenue they earmed last year to break even .
Keep an eye out for vague quarterlies , the abysmal detail in their commentry and public analysis of results ...and not to forget the total lack of follow up comenty on the initiative they have made great fan fare about that dont look like they have worked
What happened to the financed motorbikes ????
What happened to their supposed intraods into India ???
and I suspect trhere are plety more questions like that that should be asked .
cheers & good luck
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Mkt cap ! $16.97M |
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15 | 10196000 | 0.007 |
6 | 5150000 | 0.006 |
7 | 6900199 | 0.005 |
4 | 2900001 | 0.004 |
Price($) | Vol. | No. |
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0.009 | 2248500 | 4 |
0.010 | 2099676 | 8 |
0.011 | 1773333 | 5 |
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