ICQ 0.00% 29.5¢ icar asia limited

iCar Asia (ICQ) at 52-weeks lows - Is it a Bargain?, page-5

  1. 353 Posts.
    I'm guessing when you translate listing costs - it's bugger all - it has to be paid in a local currency (developing / semi developed countries), with a market that to large extent is used to asking people down the street if they want to buy a second hand car or bike and the revenue numbers in the accounts are pretty small. This is 100mill of traction in "the next" most populous area of the world to experience emerging upper and middle class wealth. I'm in as at yesterday but it could be a long case of "are we there yet".
 
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