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15/03/18
13:41
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Originally posted by slingz
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If this business is making as much money as it says, I do actually hope it get delisted here and relist it in Hong Kong or China. Australia is such a small market for everything especially small cap, actually totally unexciting......even big cap are also boring revolving only a few stocks........or you speculate into a few stocks. There is no fundamental study and most base their emotions in investing. So going to China is a better choice where there are more gamblers in the market. With the business this company has (if it is true),mic it is listed in China or Hong Kong it will soar beyond what we could only imagine in Australia.
Only time will tell, can't wait for the truth to come out. I bought this company as a speculating stock but based on its fundamentals, if it make it through this mess the future should be bright if the business is progrssing as China retail sale just went up over 9% (vs Australia 0.4%) last quarter. What a pity we are not in China market.
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Good analysis. If we make it through, AND it is a legitimate company, AND has the cash, then I agree we are sitting pretty long run. Just not fund right now. But this is what the sharemarket is so for my non core holdings I am prepared to sit these things out