tech/a
No Ordinary Duck
- Joined
- 14 October 2004
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Right now its is an emphatic Reversal.Longer term it certainly
doesn't instill optimism. If your still in it you wouldn't want to see today's low Breached.
Most of the sellers seem to have dumped. But I dont see a lot of renewed demand at these
levels. If it was me Id be out and would have been out this morning.
But if its you verce--------Buy the dips?
Cool
What about this one ?
Your no dip stick for sure...I bought the dips!
Your no dip stick for sure...
I bought the crackers...
Yeah, 4DS up 60% on no news or announcement. ASX query reveals nada, company saying "me no nothin"A job for you Verce, research 4DS and report your findings in the appropriate thread. Chop chop.
History depends on your research.
verce, Can you provide some information on this term, what it means ?"shrinkage"
OK thanks for the explanation, it wasn't obvious making me think of weird stuff like goods physically shrinking when you put them in freezers etc.https://www.investopedia.com/terms/s/shrinkage.asp
Shrinkage is the loss of inventory that can be attributed to factors such as employee theft, shoplifting, administrative error, vendor fraud, damage, and cashier error. Shrinkage is the difference between recorded inventory on a company's balance sheet and its actual inventory. This concept is a key problem for retailers, as it results in the loss of inventory, which ultimately means loss of profits.
That could be bad. Not trying to guess but ASX has been getting tough on insider trading and similar fraud. Some companies have gone to suspensions lasting months and years without their shares trading.Trading halt. Someone on the inside been buying up before some kind of announcement perhaps?
sentiment is as important as fundamentals; cast yr mind back to the penultimate tech wobble. In 2018 things were getting a bit dodgy. The ASX came out and expressed its nervousnessBut it was 36c at IPO and then just fell & fell & fell so that obviously has me more than a little concerned.
The Australian Securities Exchange is actively dissuading scores of immature tech companies from listing as it seeks to maintain standards and avoid reputational damage after the dramatic falls of Big Un and GetSwift.The ASX's executive general manager of listings, Max Cunningham, said he was regularly telling immature companies to postpone their plans to hit the market.
He also said the ASX expected prospective listed companies to have appointed proper directors and advisers."We would spend over 50 per cent of our time [with the tech sector] persuading people not to list," Mr Cunningham said. He suggested some tech firms could be trying to exploit the ASX's flexible listing rules designed for the mining sector and warned companies should only come to market "when you are investment grade and there is sufficient liquidity to get into the eyes of some professional investors".
https://www.afr.com/companies/dave-...-despite-listed-tech-declines-20181119-h181nnFurthermore, eight Israeli companies looking to list on the ASX [in 2017 had] not come to market, he said, preferring "pre IPO rounds". While these companies had previously been looking at raising between $2 million and $3 million at a valuation of $20 million to $30 million, they were now on track to do raisings of between $20 million and $30 million on valuations of $70 million to $200 million. "That's a much, much better outcome for them and a much, much better outcome for the market," Mr Cunningham said. "Mostly what we are seeing is the market, advisers and companies self-regulate and that is the best outcome for everybody."
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