XSO 0.86% 3,001.9 s&p/asx small ordinaries

Interesting business but I feel like I don't know enough, do...

  1. 67 Posts.
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    Interesting business but I feel like I don't know enough, do keep watch however.
    The pre-revenue nature of the business was a no-go from me, especially as they don't have a business model yet.
    Board is solid & set-up to be a much bigger business, regulatory approval was a tick and as you say, lack of competitors while barriers are very high.
    People may find this silly but as a general I refuse to invest in businesses that make apps. I'm much more interested on the enterprise sales side of things but again, no business model to make accurate judgements.



    Need an insto to really move the SP but won't attract any attention unless they go revenue positive. I know its close but happy to wait and see.
 
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