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13/11/20
20:22
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Originally posted by Eggboy:
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Mateys!....exactly....this thing has been on the ASX since last year!!......this idea of waiting for a company to develop an innovative technology, integrate this new and complex technology worldwide, work through complex partnerships with huge multinational coporations to do all this.....and having started that process like......almost 18 weeks ago!! ......what the f@** are they doing....if this share price aint up by 33% in the next 6 weeks, we should all bale. The silly Gen X idea of investing in companies that evolve and grow slowly over time with good fundamentals and a sustainable busienss idea....it is so yesterdays thinking. Yeah, I get this SP has gone up 600% in 20 months, but if this SP aint up another leg really soon, I'm out!!!.......you know, just like Apple and Visa, when they all just doubled in price every year or so (Oh Sorry.....my mistake....just did my own fact check......realise now Apple were 13c in 1980 and still 26c in 2002......took 22 years just to double!!! ....oh and VISA took 4 years just to double their SP....my mistake!!! ) Sincerely, I am a bit apologetic for the clear satire here, not intending to be a complete smart arse, ....but seriously, this need for unrealistic and unsustainable gratification in the form of 10% SP increase every ann!!??....it feels more like a game of 'pokemon go', then a medium term investment strategy!!......this is not a penny stock.....and the idea that instos need a 33% increase by xmas or they'll bale after being invested for 3 months....seriously, that is just not how this works. But all the same....good luck and hope you do make some quid from this. All the best. EB
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I think your wrong mate it's 2020 now. If you got 10 blokes running a fund on 200k plus a year each and super nest eggs to nurture they need to see returns.