Company Report
Last edited 3 years ago
PerformanceCommunity EngagementCommunity Endorsement
ranked
#25
Performance (40m)
-18.2% pa
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#Merry-go-round!
stale
Added 3 years ago

WOW! Yesterday was a great example of momentum and following the crowd!

Sold down in the AM only to see it settle by the evening $1+ up from its lows and up again further today!

In my mind I pictured that scene when a merry-go-round has stopped and there is that transition point where the kids who have finished rush off quickly to get to the next ride (sellers) whilst, at the same time the new riders are released when the gate opens and they race to occupy one of the ponies to ensure they get a seat (buyers) for the next ride! 

#Business Model/Strategy
stale
Last edited 3 years ago

I think RBL is classically summed up with John Heywood's original proverb from 1546, “Ye cannot see the wood for the trees.” 

I see similarities with Amazon, APT, Tesla in their drive for growth. Investing for the future is going to drive incredible opportunity for significant growth. Market Place is providing people an opportunity to express themselves from all points of the globe. It's also probably enabling quite a few to generate and income at a time of great financial stress on quite a few. I can see this Avenue for continuing long after Covid is forgotten. In the short term the share market voting machine will do its thing so if you are a buyer this roller coaster is not for the faint of heart. I am a buyer and like the look of that red wood!