Yes that’s my understanding as well and it’s really interesting ( well not so much) how companies are accepted and how quickly they gain traction within new markets. The results are wildly different therefore it’s difficult to get a normal. Different sectors have seen different successes with tech stocks having the easiest entry.
Personally I don’t think 10:1 is enough, more like 20:1 and then you’re well set up for the long term. It’s exciting to think of a NASDAC listing but also one to be very wary of. Regardless of that I believe a consolidation is way overdue and needs to happen. NEU is a fantastic example of what can happen and how it’s regarded now on the market.
Cheers.
Yes that’s my understanding as well and it’s really interesting...
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