I don’t mind the prospects of this company, but imo the current sp may have got ahead of itself a little. Put it this way, if you had a spare $50m would you buy a company that had revenue of $14k a quarter , cash burn of $1.1m and $2m in the bank ?
Yes they may be worth $50m one day when they sign up some mega deals or show some real revenue, but not now.
I may look at an entering when it fills that gap at 2c. But all the best to all holders, maybe that mega (Chinese ?) deal is just around the corner.
GCN Price at posting:
4.5¢ Sentiment: None Disclosure: Not Held
