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).
Have a good weekend,
Ranga
I wouldn't even buy this at $10. Costs hidden at the IPO, a...
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$39.78 |
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| Open | High | Low | Value | Volume |
| $39.74 | $39.90 | $39.40 | $6.124M | 154.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 140 | $39.77 |
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