There are only 2 things I can see that will get this stock but up to its IPO price:
1. An acquisition that will generate cash flow positive results
2. A quarterly which significantly (not slightly) exceed prospectus forecasts.
So thinking about number 2.. how many companies have recently released financial results which were funnily enough below their prospectus even though they only floated in like the last 6 months!!!
I am holding out on this one still. While I do appreciate Nani's thoughts on this business, it is probably one of the ones I disagree with him on.. however I think we are both suffering on REV at the moment.. lucky I went in for a small parcel after IPO.. It hit like 7c today!!! Not even a buy from Simon baker has made a difference
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There are only 2 things I can see that will get this stock but...
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