Retail investors want 300% growth without risk and having to add more dough on the way.
Wake up people. The share market is designed for companies to raise dough to grow in preliminary stages before they qualify for debt!!
Who do you think has the most to lose with further dilution? Um the management does based on their large holdings.
If you think a company can grow ARR at 300% per annum without further funding you are dreaming.
I appreciate the sharing of broker price targets etc but I don't buy stocks based on these recommendations. Brokers aren't gods and I have witnessed both wins and losses on their side from recommendations.
I understand this business and will ride the rollercoaster until it gets to $3+
