Recent content by galumay

Finally! LOL!

I think death is more likely than a takeover! Without the $25m cap raise earlier this FY it would be dead already. Surviving on equity raisings while burning cash is not a great tactic. I guess the whiskey bank of 2.5m litres has some value in a potential takeover, but the real value of all...

Who wrote all that waffle?

Unfortunately having an 'amazing product' does not make it an 'amazing business'!

Yup, Tel$tra is a dead duck I reckon, reselling NBN services at a ridiculous premium to boomers & others too stupid to realise they are being ripped off, totally sub-standard service because they refuse to learn & use the NBN systems like every other ISP, mobile coverage is no where near as good...

Agree if its management or the board buying shares on the open market. In the case of the TNE share plan, employees are offered 1 free share for every 2 they buy, so the incentive is purely financial!

See, I was right.

Take your choice, its correct for all timeframes.

Trust me, it will either go up, or down, or stay about the same.

Its not even profitable, another case of what appears to be a good product, but a crappy business. Its an easy trap to fall into as an investor, forgetting that we are buying businesses, not the products. Too many buy positions because they love the product but spend no time on understanding the...

Probably institutional rebalancing for index funds etc. Nothing to see I suspect.

Ok, well I like the quicksand moat!

Market Matters obviously didnt look very deeply at the financials. (see my earlier post.)

Whats your thesis with NUF, @divs4ever? It doesn't seem on the face of it to be a business that would attract you, financial metrics pretty unattractive, lots of debt, negative FCF... Am I missing something?

"taking" your investment cost out doens't create a free ride though, although I guess it may create that illusion. It can also create massive opportunity cost, think about someone buying PME at $1 and then "taking" their investment cost out at $2. Potentially millions of dollars in opportunity...