Luckily, the client providing the vast majority of those users has just committed itself to the company by buying a chunk. That risk is significantly lower than it was a few months ago.
Printable View
$5m for MacDonald's is seriously like 5 cents for you and me out of $10,000 in our bank account.
As I have mentioned before, IBM used to do the same and I personally know of a few companies in NZ providing services to IBM which received funds from IBM as 'investment'.
The new generation of investors gets all hot and excited about it - and the Plus SMS boys know how to play this up.
The difference between PEB and PLX is pretty obvious if you have a quick glance at the respective financials.
You didn’t bother answering my last questions, awkward perhaps. So here they are again, which of the promoters are still in play and selling down? A simple look at the top 20 and recent trade notices will inform on whose supplying stock to the market, and they are not the bogeyman that you keep referring to who were behind all the failed companies.
They’re gone Balance, if you look at it like a VC, this is shaping up as the 1 in 10 that makes it worthwhile spreading a few $ around the startups. If you can prove that Sorensen or Joyce are feeding the market, I will happily concede that you are correct in that they have a lot of patience (5 years) to recover their 10-20-50-100 baggers, but otherwise I think you need to recalibrate, realise this has moved from back door and shonky promoters (undisputed), it has a bright future and could possibly be another very successful NZ tech company.
Even that’s tough I admit if you’re on the sidelines patting your dogma, when it’s gone 4-5 bagger in such a short time. One shouldn’t leap to conclusions either, about people’s motives or their capabilities with a share like this, as robbo24 constantly did some years ago.
Hey folks, especially relative newcomers to PLX, I suggest that when you have the time, go to page 1 of this thread and read the story. There is only one bad actor left here from the original ‘beat up gang’, the others banned, but some folks have been around since day one with more positive views. Enjoy your holdings and good luck for the next phase of PLX journey. If you get frustrated by constant criticism of PLX from some, best you put them on ignore because they won’t go away. I can guarantee that! Lol 😂
Gltah