Investment case.11 Oct 2024 09:33
There are so many micro caps out there at the moment in dire straits, making zero money, debts, no products but still have a higher Mcap than Gst.
The facts are Gst are generating revenue, have no debt, have exchanges that will only grow given time, acquisitions in the pipeline which will add value to the exchanges, an experienced BoD.
It can be frustrating waiting for updates, however you will wait in any share you're invested in, so if you have no patience, you shouldn't be investing in the first place imo. It's just a waiting game, simple.
Personally I have 5p marked down by December 2025, looking at the current growth with what we have now, add in Easysend, Semnet, and anything they have planned with the Bonfirepay licence, I still believe they have another acquisition up their sleeves, but I hope they concentrate on the planned ones now and get them over the line, I have no doubts they will.
December 2024 will give us a good steer where we are heading, so I will re-evaluate my Dec 2025 estimate then. In the meantime I'm simply happy to sit on this and wait and chuckle at some posters on here who clearly haven't got a clue what's happening.
Carry on BoD you have my full support.
Onwards to 5p.