I've signed up for 2x the entitlement in my super account. Very likely I will do so with my personal account (outside of super) too, right now it's a decision of whether I go 1x or 2x.
Of course, things could change in the blink of an eye. If the ASX gets smashed 40% in the next 10 days (say, 4% per day), then I may choose not to take a single share up in my personal account outside of super.
However, as it stands right now, it looks like a great opportunity to own a biggie slice of the company.
It pretty much is akin to investing in a startup company now. It's shown it's potential to be cash generative. It's shown that it has a product that is superior in the market. The problem now is that it is NOT generating revenue, so investors laying cash down now are buying into the "in 24 months time" story.
WEB Price at posting:
$2.94 Sentiment: Buy Disclosure: Held
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