I'm interested in peoples opinion of Thinksmart at the moment. I held shares prior to the recent capital raising and also participated in it. Since then I have been following their new product Fido. I realise it has only been out since February when they announced a list of companies that had taken Fido on board. Since then I have noticed that AGL and The Jewllery Group are no longer with them on the smartfido website. Note that JT Cycles and Electric Vehicles Queensland have been added. However my main concern is that visiting all these companies websites that are supposedly using Fido I could only find one (Leading Edge Golf) that actually has any reference to fido at all. Also I'm not an expert on Facebook but looking at the Fido Facebook page I noted no change at all in the number of 'likes' on their page in recent weeks. My concern is noone knows that this product exists. I realise this is not a very technical view of the company but I like to view what is happening on the ground so to speak. Does anyone have any thoughts on this?
TSM Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held