Originally posted by Key Sole
Well JB's a machine, but until W#E come out of suspension holders may be still nervous also (fine the ones whom have multi bagged and sold), but in the same breath if V#C come out of suspension with fully signed Documents tomorrow well that can multi bag also, but there is also still risk involved like anything.
And yes you are right the Market don't give a rats about reporting, every tech share was sold off in the latter part of the 2018 CY let's not forget, SP3 well included.
You obviously don't like managements gradual growth trajectory.
I personally don't mind it, whether it be from buying the base perhaps, or just sitting & waiting for further News
Also I don't believe you can class Tech Companies in the same breath as mining minnows & how Capital is raised, 2 different ball games.
I just hope I make a killing out of V#C then maybe I can put more into SP3 after the quarterly, we'll see
Seriously that is your response ?
Why can some shells kick about at $80M values when SP3 is sitting at <$8M ... and the answer is:
"Well JB's a machine"
JB was an ex A-league no one from Perth, who as far as I know, has never completed a deal or vend in his life. Yet he still managed to rally 3-4 shells to at least 2-3 times the market cap of SP3
The blatantly obvious answer is ...
he knows how to market his stock. Look at the promotion that went on for WFE via Twitter, research, broker tips and targets etc. Now compare to SP3 that has not had a single tweet, article, mention or anything from the insto community in 12+ months
In the penny end, fundamentals count for squat. All you guys who keep quoting the revenue figures need a wake up call. No one really cares if SP3 is earning $6M, $10M, $15M p.a - as they are never going to pay a dividend. People need to stop pretending they genuinely care about the financials when in reality, we are all after the highest SP possible
This image does all the talking ...
Punters here keep quoting the revenue figures as though they will somehow change things. To ignore 12+ months of price action and history is beyond naive
People invested here for SP gains, not revenue growth !
All the revenue growth will be for nothing if they dilute under IPO price and kill the upside before it even has a chance to reflect in the SP
