GETSWIFT LIMITED (ASX:GSW) - OTC Quote - GSW, page-48 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by Andrew1234 ↑

Thank you for the votes of confidence.

I don’t really have a lot more to add, so don’t have much more to say - perhaps it comes down to different styles of investing...for me this is in total spec land and without much concrete info to run on, at this price is in the realm of punting. I have seen many crash and burn over the years...

I am surprised you are more confident on this than BIG Avagrado - look at our revenue run rate

What would change my mind? A comprehensive statement with core details around the Amazon deal that basically prove size with and including some solid revenue growth to support the market cap - basically a move from spec to early stage tech growth stock - bearing in mind that if this was being valued on real fundamentals not hype you would expect $75-100 mill AUD revenue at this point comparatively - so there could be a lot of up and down movement to come I imagine.

Also would not be surprised to see a big placement at some stage soon.

Anyways good luck to all, and good luck to GSW - I hope this company really goes on with it...we are starting to see a bit more uplift in the Aussie tech space which is encouraging to see...

Out.

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I trust the contracts they already have, but agree there is an execution risk. For that reason I'm also more comfortable with my BIG investment, but the revenue and profits that GSW could potentially generate if they are able to execute are astronomical and would leave BIG for dead. Based on my risk award assessment I'm therefore also comfortable with my GSW investment and I'll be hoping to top up on Monday. There will be plenty more new contracts in the pipeline. Once they start to execute the contracts they already have the money will start to flow very quickly. Until then I believe investors have an opportunity to buy in at a discount, but once GSW starts executing that window of opportunity will be closed very quickly. Hiring the best possible staff is crucial at the moment, but they must have been able to convince Amazon and Yum that they are doing so, otherwise they wouldn't have signed up.