Haha and you think the agendas of the sophisticated investors is honourable?? - think again the reality is that they are basically larger traders and only reason why they get shares cheap is because they have copious quantities of money and can approach companies and do a tidy capital raising without the company having to do a rights issue- then they pump the shareprice and sell into the FOMO'S (Retail traders ) and then everyone is left wondering what just happened - same old boring patterns - sophisticated investors are not LT investors - they skim like 90% of the people here - the difference is that they move the market and we dont
If you look at bot trading like you saw yesterday as they sold small amounts into 3.8c - this is because their trading platforms allow them to break up a sell order into small amounts as not to alert the market they are offloading large amounts - as silly as that may sound , its how they work - do some research people - if they were not doing this then it would have stayed over 4c
remember they are smarter than the average bear
on the matter of what the companies market cap should be then people meed to remember that the market dictates snd right now - there are no downloads and no actual app release date so until we get at least 1 million + downloads the market cap is worth what it is today - end of story
Final word- most people on these threads are traders NOT investors . The sharemartket has become a form of Casino these days unfortunately
Thred should do very well but it will get manipulated like all stocks do
cheers G101
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