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Why the hell is this price dropping, page-102

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Bigtuna87

320 Posts.

82

07/10/18

14:42

Post #: 36027501
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Originally posted by GrazerAu ↑

Ive done a little digging and I dont feed confident enough to pull the trigger on this one.

It may do well, as this will be an industry with many winners, however, its a really small fish and there are plenty of sharks running around already. $300m market cap has priced in a lot of positives for a profitless company.

Also not a fan of the exorbitant directors fees. No one in this stage of the game needs to get paid $400k in cash for a profitless company.

I guess the key here, is if you are interested in chatbot tech, there are 50+ other companies which you could try invest in instead. Why choose this one? Because its listed in Aus?

Notes:
Industry is growing exponentially. Most companies really only heard about this tech 3 years ago.
$37m in cash will probably last them 3 quarters
High Price/Rev = 50x
Costs growing 2 x faster than revenue eg, spending $2 to make $1.
Directors are being paid $3m in a company which reported $6m in revenue.
Silicone valley company listed on ASX?
Competing with large companies and endless VCs
Chatbot Companies

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you make some valid points Grazer. I wholeheartedly agree with you regarding the director salaries. I'm keeping my eyes open for next quarterlies and hoping we are making the right moves

LVT Price at posting: 52.0¢ Sentiment: Hold Disclosure: Held
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