it is interesting reading and certainly a technology disrupter if they can monetise the model.
i tend to think of this as much of the same type of talk when facebook first listed in the USA via an IPO. the talk then was ok now it is a public company how does facebook monetise itself. well it did and trades at all time highs currently, and since 2 years ago has gone from the IPO of $95 to current price of $175, and goodness knows the market cap and the PE multiple it trades at. i reckon there would be many who didnt think facebook stock performance could do so well in the public market.
the follow up announcements will now be looked on with interest to gauge just how SHO will venture on the pathway to monetising this platform. announce with the right news flow and value will be added in the price as it only trades at a low mrkt cap ~$12M, including the cash it has in bank.
SHO Price at posting:
6.5¢ Sentiment: Hold Disclosure: Held
