GOE 0.00% 2.7¢ go energy group limited

hot stock , page-9

  1. av
    2,595 Posts.
    Can I ask what news is due?
    Acquisition means capital raising.
    New licensee means short-term outlays with possible long-term gains.
    Revenue will keep growing but I think the recent increase may have captured it. This is not an oil stock so I am having trouble imagining what great news will arrive that will justify a sharp price rise.
    Its gone from a tentative buy to a hold or tentative sell for mine after the recent price rise from 18.5 cents. Obviously, I have an interest in this stock (hence the posts) but I think I'll wait to see the next quarter cash flows before assuming future profitability...in the absence of some unforeseen good announcement that is. Manufacturing and retail revenues are not sure bets.
 
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