I wouldn't even buy this at $10. Costs hidden at the IPO, a saturated market... and does it actually make money? Will it?
When was the last time a company floated with actually half decent fundamentals? This growth story cr@p is wearing thin, how many times do the masses want to get burnt? Lofty wanky talk but show me some hard figures with a half decent bottom line.
A general comment, Aussie companies do not do well overseas, especially companies that deal with different end users/customers. Cultural differences play a big role in the world market.
For me, back to boring companies that pay fully franked dividends for now.
(That aside I hope none of you get burnt too much).
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)