MOB 0.00% 6.4¢ mobilicom limited

Thanks for bringing this opportunity to my attention Ormond. I...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,103 Posts.
    lightbulb Created with Sketch. 281
    Thanks for bringing this opportunity to my attention Ormond. I had a cursory look , not bad $18m McAlpine stock with $8m cash in bank and a niche space in 4G private network space and some revenue to boot. Other than that, I can't readily determine what value of sales look like per deal and how much is recurring - may be like CIO type model. Chart pattern doesn't look so good but that didn't deter me in the past with tech minnows - however because of prior poor experiences, I generally steer clear of Israeli (quite a number of them in recent IPOs) and Chinese founder companies - eg SAS , too long a wait despite highly acclaimed potential.

    Also, got to be more cautious with microcaps in the new trading environment - so am going into hibernation mode but continue to monitor stock progress and development especially in the micro cap space.

    Hope you didn't get it during IPO , quite a number had not performed well after IPO but sure they get to a point of undervaluation and I would be seeking them.

    Good luck and Hope it does well for you!
 
watchlist Created with Sketch. Add MOB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.