Just want to start a discussion thread on this company if anyone ever pay attention to this one. Apparently this company is going through a transition from a potash mineral company into a tech company by purchasing "Buddy" from the US which is a IoT focus company backed by some ex senior Microsoft managers and Lady GAGA as a major investor! Base on what I can gather from the internet people are saying this company could be the next tech giant. Any thoughts guys?
Geez this one has it all, backdoor listing, tech, lady gaga and people on the Internet taking it up. Quick look at it yeah, it's a micro cap being pumped. They are going wild for it on hotcopper one for experienced traders.
What do you guys think at this price range how much more room to move compare to other tech companies?
This is the thing I'm getting stuck in my head, because the company is transitioning to a totally different sector, any previous prices I don't believe is a true indicator of the company performance and potentials.
Refer to my earlier post. It is being pumped. How much higher will it go? I guess it depends on the interweb chatter. Maybe a bit, maybe a lot. But when the pumpers sell out it will be back to .05c in a day or so. What history do they have in their new industry? runs on the board? experience? income? If you are reading about it - its too late! Blacky
http://www.afr.com/technology/buddy-ready-to-pour-gas-on-the-fire-with-ipo-20150720-gifv7k "Buddy CEO David McLauchlan's US-based technology company has backing from Microsoft and AF Square - a fund set up by Lady Gaga and her former manager"
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