I am watching this quite closely and I can say that I am keeping all the shares in this company for the following reasons:
1] This company has just been listed. Its new…what do you want from it?? It wont become billion dollar company overnight. It takes time and it certainly has potential. Like many stocks you need to wait once you buy, and not buy and sell everyday if you want to make money.
2] Technology company evaluations are done multiple times over regardless of their size etc….wattsapp and many other tech companies are example.
3] This company is getting all the attention it needs, if it can get into a company like accenture in first four months of listing I do not think that as a small achievement, regardless if their agreement had any financial nature or not. No one does business for free these day…certainly not the Americans. That is not why you list on ASX to give your services for free.
4] They are announcing a venture every 10 days. Can you think of any other company like it.
5] SEEK and Linkedin have market cap worth billions and 1PG directors have made it clear thats what they are aiming for. I do not see a hassle in long term. Please note it took SEEK few years to become billion dollar company it did not happen overnight and they had their share of ups and downs as well.
6] You have to buy this stock early and hold it for long term. Lots of people make noise when stocks go low due to external factors. They do not know how to hold their stocks tight and end up selling their stocks for low. This is exactly how people lose money and this is exactly how people buying your shares for low make money in long run.
TC. Guys. Believe in this stock, there is hardly any one like it on the stock market at this rate. All the best to all the holders.
I am watching this quite closely and I can say that I am keeping...
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