Finally looked at the video, to find only the two fund managers who I’d never heard of are selling, and their reasoning was pretty uninspiring. kidman, who I do respect, was in fact silent....I’m going to buy now, firstly Ruslan probably regrets buying a house at $39m without selling some shares first, and I doubt he will sell in Sept at $4 just because he said he was going to sell more, unless he’s optioned to buy a horse stud. I am one of their 1.388m customers, and I’ve been impressed with my online interactions with the. Obviously the addition of GST on sub $1000 products has had an effect, and today’s qrtly suggests they may be restocking in the coming qtr, but even if their growth rate has slowed, they are on target to be on about 30 times earnings within 12 months, great free cashflow, and gradually building annuity income through their new initiatives.
I did sell a lot above $9.00 but sub $5.90 I have to buy them back.
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Finally looked at the video, to find only the two fund managers...
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