MYQ 0.00% 15.0¢ myfiziq limited

Ann: MyFiziq & WellteQ Toll Logistics launch update and video, page-32

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  1. 46 Posts.
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    I haven't seen any schooling either. The announcement was positive and It certainly brightened my day seeing it, but investor skepticism has been high with this stock ever since the speccy market crash last year. I don't blame anyone for being sceptical tbh, it's taken a long time to get here and the SP really jumped the gun on alot of fluff announcements over a year ago.

    Real subscription dollars are about to roll in which is a first and comforting, but I think much like the investment fund that invested at 60c, it's about conviction with this stock. I personally don't care much if it hits 60c as if that's where it stops then that's a fail in my eyes. There's potential for alot more given its scalability and it's clear that the fund manager thinks so which is also comforting. We all don't have the time to pay for research teams and portfolio managers to perform due diligence on the stock but they do, they would've also met management, no doubt about that (all comforting but certainly not evidence of the stock's future, even fund managers make mistakes).
    If they receive subscription money as this announcement indicates is imminent, then no doubt that's a positive indicator that it works well, but that's child's play to a high conviction investor and I want (and am banking) to see them flourish in the insurance space. I hope those binding agreements become contracts but who knows, that's why we speculate on stocks like this. At least we know it works.(or will in a few weeks).

    I do recall a certain someone absurdly stating that it didn't work, but I digress. I also recall the same someone saying management were just making everything up to continue to rack up salaries for themselves and mislead investors into a ponzi, but I digress again.

    We should all look ahead, they have alot of work left in terms of providing shareholders real value but I personally think to discount the progress over the past few months is absurd. We should all continue to be sceptical and analyse the announcements when they are material like this. Hopefully this trajectory continues.

    Just my 2c.

 
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