A wild day indeed, I missed the top by a fair bit. Extra...

A wild day indeed, I missed the top by a fair bit. Extra information was very interesting albeit some features postponed when compared to previous announcements. If things change significantly some might join the ride for more of a go. Early investors and traders spending the day trying to come to a view whether the app will has viral potential.

For long term investors, as time goes on Ziptel management will need to demonstrate that they can both acquire customers at a reasonable cost (as noted in their announcement, this will go down as referrals increase) and increase their activity and spending on the platform. With the announcement by management that only 15% of users are still active after 30 days, this will be something they might need to work OK.

Whilst it didn't peak quite as high as some might have expected, it will interesting to watch how the price stays during the next stage of growth.

Lost the faith. For now.