I have a feeling that the share price may be in for something good.Trade like you may but with the overhang looking shaky you had better pick your prices. Take Xero...39 to 41 then to 34.that is this market. I'm too old to keep up.....
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Wow what a turn around from my post last night lambasting handley for a lack of news, more bad timing on my part. Ill have to go look for this email now. Is it on there site?
I attended the MBE AGM today in which Snakk got a mention as a key competitor in the mobile advertising space.
However, something that SNK holders might want to be aware of is that MBE consider the mobile advertising space to be relatively low margin and not very scaleable.
MBE now obtain about 75% of their revenues from m-payments, which they consider to be higher margin, far better operating leverage, and far easier to roll out globally....not sure if SNK has a m-payments offering??
Id like to buy more but with sorehead etc still there it makes to much risk, soon as we get traction he seems to flood the market with his 100000 lots.
Why pay 11 today when you can possibly pay 8 or 9 in a month.
Edit: i dont know why derek doesnt just buy him out he must have lots of money.
Moosie - be careful as you are gaining a reputation.
"By shamelessly merchandising birdless bushes, promoters have in recent years moved billions of dollars from the pockets of the public to their own purses (and to those of their friends and associates). The fact is that a bubble market has allowed the creation of bubble companies, entities designed more with an eye to making money off investors rather than for them. Too often, an IPO, not profits, was the primary goal of a company’s promoters. At bottom, the "business model" for these companies has been the old-fashioned chain letter, for which many fee-hungry investment bankers acted as eager postmen."
Aye, at least he is not forming the bubble, everyone will be happy.
When is that quarterly result due moosie ?
great thanks. Established a position yesterday.