Good update today. Shares are back up, but it is still a question of what the value of such a new listing with no NPAT is worth. However, the signs are encouraging.
Lot of red days on this chart, all time low about 15 of the last 20 trading days. No sign of a bottom. Nasty curving down-trend line doesn't give confidence.
Lot of red days on this chart, all time low about 15 of the last 20 trading days. No sign of a bottom. Nasty curving down-trend line doesn't give confidence.
One cool chart mate .....very clear
Break below previous low of 260 was ominous wasn’t it
Next low could be anywhere
”When investors are euphoric, they are incapable of recognising euphoria itself “
Lending money to people unsecured is a recipe for disaster regardless of the interest rate charged.
I think their business model is fundamentally flawed so wouldn't be an investor at any price.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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Originally Posted by winner69
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