CFO 0.00% 1.9¢ cfoam limited

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  1. 4,964 Posts.
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    I'd think because Touchstone is better known in the right places. We've only been listed for a very short time and we're targeting high end applications which is Touchstone's area of influence. As much as I hate the red...when you put the buying up together with recent moves re using Touchstone as our "face" until such time as we become a "known" player...frankly I'm seeing it as a great tactical move.
    We have serious smoke...timing is another question...but with the players we have on board and their past performance...I have to conclude they aren't here to lose money...I also presume they know a lot more than we know. So I'm hanging in and worst case is a tax write off...but best case could blow us all away. A gamble but one I'm prepared to take...the tech is just too compelling and lends itself to crazy exponential growth in SP in so many sectors. Think only those with a bit of conviction will hang around and time frame for good news could be anytime with this Co.
    Wondering if we're going through a purpose driven accumulation period or just lack of interest?
    Maybe one of our guru TA's can shed some light on that?

    Cheers
 
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