RE: Day 2 of 204 Sep 2018 10:58
Oh for sure. The door is always open. That's how business works. If people for one moment believe that talks have ceased for ever between MYSQ and Tencent then think again. The timing was wrong - that's all. It wouldn't surprise me if Eric told them that we're not ready to be sold at this relatively early stage in our development. It also wouldn't surprise me if Tencent didn't want to buy due to our early stage of development and may have mentioned that we need to go away and achieve x,y,z before talks can recommence again and part of the criteria could have been to get awarded the banking licence and to develop a working Payments Platform. And remember too that there are plenty of other large companies out there who would be more than happy to joint venture with us or to buy us out when the timing is right. We have first mover advantage in one of the fastest growing economies on the planet and we should at the very least, be proud of that position. The passing of time can only ever be our greatest ally. I say this because as time ticks by, we should increase our revenue earnings potential, increase our User Numbers, further develop our remittance channels e.g. Malaysia, Middle East and more importantly, increase our price tag.