I can’t say whether the short term SP looks reasonable because I invested for long term when I jumped at 4.1 c and looking at the marketing pump I don’t care where the market goes, of course I am 100 percent free carry because I believe in risk management.
I had invested in NEA because of the same reason when they started incurring high marketing expenses initially in the US when the revenue was just peanuts and my assumption was correct, of course I had to sell without realising its potential due to personal reasons.
I do not trust a company when it start spending on the directors, but I trust companies when they start spending in manpower from external source and that for me is an inflection point.
3DP Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held
